olivernash

BTC: Strongest sign yet the fall may be ending - can it hold?

olivernash Updated   
BITSTAMP:BTCUSD   Bitcoin
Breaking this most recent consolidation pattern may be the strongest sign yet the fall is slowing to a stop, but can it hold?

Watching to see if the trend change forms any further - just slightly different - consolidation patterns.

Unless the bears show exhaustion on the current MACD cycle of the 5 minute chart. I may jump from the current rise and wait for the next...
Comment:
Bears exhausted in MACD cycle on five minute chart makes this an even stronger rising signal.
Comment:
I updated my idea on what might happen next in a new post:
BTC: Almost everything is 'just another one of those'
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