edward_Z

Bitoin (BTC) to the dance floor or to the hospital?

BITFINEX:BTCUSD   Bitcoin
Nothing has changed, just a spike, if it's not a big candle, it's big wick.

There is a long way to the bullish side, next step is 4.000 (or a big fall)

But there are few signs for a bullish starting:
* 50 EMA is cracked
* trendline is craked with that wick
* RSI in bullish zone

Signs that are against:
* for short term, Stoch RSI is going to a reverse
* there is a long way till EMA100 and a huge distance till EMA200

We are still in bearish, but signs for bullish are more and more with every day passed
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