Good Day Sunshine! Good Day Sunshine!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I need to laugh
And when the sun is out
I've got something I can laugh about
I feel good
In a special way
I'm in love and it's a sunny day
Good day sunshine

Beatles-1966-Revolver Album

OK, well it’s snowing here in Colorado, but Bitcoin has some very, VERY good indicators this morning.

Tom DeMark count is at a Green 2 and finally moved past that darn 9 red and after several additional candles.

MACD has turned up. Need to see the histogram move above Zero. We are getting there. This will show momentum has fully turned.

Stochastic has turned up.

WD Gann Indicator (not shown) says that Vernal Equinox is the real beginning of the year and market makes a major pivot and change of direction on that day. First Day Of Spring BABY! GOOD DAY SUNSHINE!, After a horrible dreary winter, we turn decidedly UP! March 21st is just 2 days away. Gann is worth reading about. He was the most successful investor of our time and turned $300 into $12,000 in just a couple of months! His research on investing and seasonal changes are light years beyond mortal men.

Elliot Wave (see attached chart) shows us heading to between 11k and 13k , but we need to get past 9200-9400 for bulls to be firmly in charge.

We still need to see that 50 MA angle up.
Mar 19
Mar 19
Comment: Just published a GANN Fan showing rise to 18k here.

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