Currently we are pushing against the 6100 sat resistance line I had noted in my previous analysis with a nice full body candle. This is poking it's head above the blue 25MA. If this successfully moves above the MA. We will battle against the 50MA in orange here. Mixed with the signs in the Squeeze . We could see a positive MA crossover soon.
The Squeeze is showing signs of a squeeze ( within the channel) with a high likelihood of positive movement. I will update shortly with confirmation of a increase if this is the case. Negative or positive.
This, to me looks like a good sign we will be moving upward as long as BTC doesn't break down to oblivion.
For information on how to read and understand the Squeeze . See my post HERE where I break down it's parts.