BTC/USD Cautiously Back in Bull Market Territory
I believe the bear market is finally over. Looking for a decent upside move with caution that $450 presents potential serious resistance.
MACD is back in bull territory above the 0 line, with momentum building up.
ADX is currently in strong trend territory.
RSI pushing up back above 50.
CCI moving back into positive territory as well.
The weekly chart is also looking much more bullish to add support to this potential daily chart move.
2014-12-09 Update: sadly I just got a sell signal today. Looks like this isn't going to play out :(
MACD is back in bull territory above the 0 line, with momentum building up.
ADX is currently in strong trend territory.
RSI pushing up back above 50.
CCI moving back into positive territory as well.
The weekly chart is also looking much more bullish to add support to this potential daily chart move.
2014-12-09 Update: sadly I just got a sell signal today. Looks like this isn't going to play out :(
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