jopeindustries

BTC Fan-out. Order is Restored (for now).

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Notice that the SMAs have reconciled to their normal uptrend position in the hourly charts.

Watch for the SMA (20) to cross under the SMA (50) as a cue for a reversal to the downside.

Look for continuation of the nascent uptrend if this pattern spreads to the 2-hour, 4-hour and daily charts .
Comment: The 2-hour chart appears to have just crossed up. The 4-hour bars still have a way to go.

Comment: Happily, order is restored in the 1-day bar interval chart now.

Comment: Whoops, ignore that last update. My chart settings reset.

Still watching the 4-hour bars to see if the trend continues.

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