rjstx5
Long

XBTUSD BTCUSD Conventional Charting Forecast

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Currently holding on the 100 MA on the 240 min. chart, possible right ear sidewinder setting up. Stoch RSI turning up off the bottom, MACD getting ready to cross and SQZMOM trending up. Given confirmation of those indicators, if the sidewinder plays out we will see 25K+ BTC by Dec 31. Shorts beware.
Very nice analysis. Thanks for sharing!
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rjstx5 skychall
@skychall, thank you. Looks like I was wrong (short term at least, it needed another step down) but nonetheless the turn should be near
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