NBT OVERSOLD = BTC OVERBOUGHT
If point of control holds true support level, a move back to 10k can be expected and an attempt to fill the gap created by the sell off. Resistance is strong at 12k. The back fill would capitulate at just above that level so an attempt can be expected to happen soon.
Also, NBT price has hit the lower of the Bollinger bands, indicating that the price is likely to go up. Confirming this trend reversal, RSI indicates that the coin is in oversold zone. The divergence between MACD line and signal line has also widened indicating a likely increase in prices.
Also, NBT price has hit the lower of the Bollinger bands, indicating that the price is likely to go up. Confirming this trend reversal, RSI indicates that the coin is in oversold zone. The divergence between MACD line and signal line has also widened indicating a likely increase in prices.
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