BTC- Quick Update

26 Tem 2018

Stochastics are oversold and will help push us up.

As well as the buying orders | stacked orderbook in Bitmex.

8223-8226 Would confirm counter trendline break to the upside..

Short term upper movement to 8300 area, within consolidation.

26 Tem 2018

Not

Also, volume signature supports a short term breakup...

Declining high volume, and starting to see green come in for a volume breakup.

Also, I like the curling bottom in BTC as approaches counter trendline

26 Tem 2018

Not

The 200 MA is dropping everyday, maybe 50pts. Currently at 8600, but as we slowly climb up we might come to a point where its converging with our upper wick level at 8500 +2-3 days. This would make for a very high volume situation, up or down.