FateTrader

Fight for the close of the weekly tonight at midnight UTC

BITSTAMP:BTCUSD   Bitcoin
  • Price is hanging above both EMA55 and SMA50 but just below EMA21, tonight will see a big fight for it, close above it and we should see a lot upside below it, will signal retracement to 42% most likely. And this will also close the CME gap.
  • Stoch has crossed to the upside in the bearish control zone which is a good sign similar to both previous times (solid blue vertical lines).
  • RSI is still below the EMA13 it looked like it was about to cross it yesterday but it's still uncertain, this is not such a good sign.

Penafian

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