We've been in a bear market so long that it's hard to see when we're rolling over to the upside so I just flipped the chart. We've been using the EMA's as nice support (resistance on this chart). A strong break of 4k = a move to 5K IMO. Good luck bears
The monthly chart shows some signs of bottoming:
1) Daily MFI is green for first time ever
2) RSI bounced off all-time lows and turned upwards
3) Stoch is grossly oversold and about to cross (unconfirmed)
4) Bullish engulfing monthly candle
We also have fairly bullish fundamental news recently and an uptick in BTC google searches. I think 2019 will be a good...
I think we bounce here, many momentum indicators are extremely oversold on the daily, stoch RSI and stoch are crossing over. Daily RSI & MFI have cooled off. We've retraced to the .618 fib, touched an important previous resistance. If we do bounce, we'll see the daily guppy go green which could also signal the start of the next bullrun. If we don't bounce here,...