bilo2000

BTC reversal signs - 20EMA crossing over 50EMA (BULLISH)

bilo2000 Updated   
BITFINEX:BTCUSD   Bitcoin
Possible reversal taking place. look at upwards channel we are in both large and small. We will get bullish if we go over head of H&S (red horizontal line) and 20EMA (purple) looks like it will cross over 50EMA (blue)soon making things more bullish.

Comment:
We went up as expected but met major resistance of 200EMA on 30min chart. Probably gonna test it again. Also happens to be top of Bollanger band.
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