Cindicator had broken from a downward trend-line and moving upward to get into a balanced position from this bear phase. There might be a decent profitable trade in short term before it start going down again in case the Bitcoin start falling again.
Trying to cross last high of 315. If successful it might try to go for 340.
BTC is in bad shape again. If BTC breaks to 3500 again CND will become bearish.