TradingView
MisterCatt
Apr 17, 2019 5:43 AM

BTC/USD Still going up 

Bitcoin / U.S. dollarBitstamp

Description

It's seems still moving upward in price though volume is decreasing and it's moving within the potential rising wedge area. or simply just test the resistance and sideways along resistance or fall toward support +-5k.
reason is for personally for me is the Stochastic RSI in the moment is able gain it's momentum in order to push the price higher..


RSI and MACD seems show a possibility to go up again




Ichimoku Cloud seems fine in bullish area so far..


also 50 EMA and also 200 EMA begin to crossover in not so distant future creating golden cross. interesting to see how it's play out.



keep in mind also the BTC/USD short is in lowest point since 2018 and ready in strike at any moment if the btc/usd show weakness.



please let me know what do you think..
peace.

Comment


we will see if the price action within this descending triangle area..
this pattern become invalid if the price value increase above 5300 usd
Comments
obinex7g
very accurate! pump by tuesday next week
MisterCatt
@obinex7g, let's do it... my popcorn is ready..... hehe
More