ft-73

It's fragile. Don't get caught off guard.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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We have 2 bullish options, meaning an ascending triangle and an inverted H&S .
Yet bulls lacked punch and volume so far.

We have a noticeable bearish divergence acting as a flashing warning.
Only a strong green candle would negate it.

Price sits at the top of daily BB.

While bias is still slightly bullish , a stop loss here is mandatory as a bull trap may well happen.

Watch short term support and H&S neckline for early hints of next move.
Don't take risks, play the breakout.
Comment: Come on.



Don't stop there, please.
Comment: Anyway, this is medium term ( my old chart, just updated ):

Comment: On NVT we already had a crossover on weekly:



So we may just patiently wait for the blue line above ( LSMA ) to raise above oversold level for a Long confirmation.
Comment: Parabolic SAR turned up on daily.

https://tinyurl.com/y2xx2bcm

Hopefully some consolidation and further push up ahead ?
Use a lot of caution as bears may bite at any time.
Don't forget to set a Stop Loss.
Comment: Wrong link to chart. Here it is:

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