BTCUSD Short Term Long TradeBTCUSD looks like it might rally here shortly. We see some strong resistance from below via the Ichimoku cloud. The OBV indicates strong buying pressure still. The MACD and RSI are right in the 'sweet spot'. Moreover, we have somewhat higher lows and a double bottom formation. The Fibonacci retracement indicates some nice profit targets, otherwise we can use the level at 384.90 or so. For a stop loss consider the congestion area around 379.37. As for fundamentals, BTCUSD seems to have come back into favor after retracing a bit from its epic rally last week as per the linked article.
