adam39

Breakout expected Sunday to 987$

Long
BITSTAMP:BTCUSD   Bitcoin
1
Under pressure from the regression trend from the top and global and local up trend - Sunday/Monday at most a breakout will occur either up or down.
Multiple indications predict it will be up: KST reversal, MACD reversal, DMI D+ approaching D- and index above 30, RSI tipped 51, MA-55 breached and rising, Stoch is rising steadily, no overbought signals, ribbon fully breached, convergence to a strong trend line.
To be safe - use 730 and entry point for short and 770 for long.
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