Intermarket Bitcoin - Breakout or Failure Update

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Today we will examine the intermarket analysis that we did 2 days ago and update the tally for bullish , bearish , and neutral indicators. First we will cover TOTAL, TOTAL2 , BTC , and ETH. Lets have a look!

Here we have an overall view of the market and a lot of neutral indicators. Anything labelled retest still needs to happen. Once the retest occurs, we will be able to see a breakout or a failure. Lets give it a count!

Bullish = 2
Neutral = 6
Bearish = 0

Bullish = 4
Bearish 4


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