Daily BTCUSD (coinbase)
Almost every bounce is accompanied with a local volume climax (denoted by purple ellipsis), which we don't have right now.
The price has been stagnant in the 6500-7000 range for a few days and if anyone was itching to buy here, they have already done so.
Bearish in short term.
Bearish in medium term.
Bullish long term
TA: SUBBTC is forming an ascending triangle that has tested and held the support line several times already.
FA: It is a promising, relatively low market cap with a solid team in a space that has been seeing a lot of headlines as of late. The alpha tests have been nothing short of spectacular, there is an open beta next...
BTC daily had a bullish hammer just like in August.
high was (then ATH) 4505, low of hammer was 3610, then rose to 4975
5 days from high to hammer. 10 days to next high
Current October hammer:
high was 5926, low of hammer was 5150, then row to ...???
5 days from high to hammer. ????...
After a consistent bear move for the past few days, ETHUSD broke the trendline. Out of the "big 3" cryptocurrencies, it was the most oversold. Possibility for upside given the recent successful Byzantium upgrade