BTCUSD BTCUSD BTCUSD BTCAfter the intersection in the daily stochastic chart there was a great upward trend, but still some resistances to overcome take a look to these points:
1) Bearish sentiment didn't get new lows, downtrend line every time more weaker.
2) Past 15 days low volume range days to nowhere, now volume have come back.
3) Downtrend cartel's channel is not resisting anymore, two trendlines have been crossed.
4) Bullish sentiment consolidation, breaking main downtrend & resistances, looking to overcross EMA50, EMA100, SMA200 (daily)
5) Important daily stochastic intersection
Dear establishment (April 15 taxes, Soros, Bloomberg, Wall Street), welcome:
bloomberg.com/crypto
businessinsider.com/soros-fund-venrock-embracing-bitcoin-2018-4
newsbtc.com/2018/04/13/tax-season-blamed-bitcoin-sell-off-rebound-predicted/
Big picture (daily)
Trade active
Ichimoku's confirmation. Bullish have come backTrade closed: target reached
Asian markets collecting weekend gains, breakthrough attempt but has found support in the 8000.The resistance 50 EMA (daily) has been strong there are still some bears out there, in the next hours depending on the volume will be tested support and resistance again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.