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TheChartGuys
11 Dis 2017 pukul 11.45

Bitcoin Futures Up 

Bitcoin / United States DollarCoinbase

Huraian

The bulls spoke loudly last night as we ran over $1,000 at the start of futures trading.
The trading we saw last night was different than usual, it was contained accumulation, keeping 5 min and 15 min RSI from getting overbought.
It was 10-15 min of bull moves, higher low on the 5 min, rinse and repeat for a couple hours.
I have seen this before with stock buybacks and big investor loading but this is a first in the crypto space.
There are very few resistances to all time highs and the bulls have momentum.
Watching for a daily equilibrium pattern which would mean a lower high somewhere in the $17-18k range.
A run to new all time highs would continue to show extreme strength.
Hourly higher lows very clear for stop levels.
Lebih