3/3 And for the longer term: As with the shorter term, the 50EMA shows resistance around 4.4k, which would be the first test. The real test for a reversion is the definitive break of the 5.7~6.7k range tho (matches 200EMA too), can't say the market has really…

Finally got a minute to check out the charts. - Volume is ok but not impressive for now; - Currently at resistance (50 EMA, red); - *Could* be a reversal, but only a clean break of 4220 (previous high) can confirm it. I'm still cautious on the daily, but…

By that last part I mean you could long a retracement to 3550 on the 1H, for example. Invalidated if 3500 is broken.

Touched exactly 3550 and retraced a little. The next few candles could be decisive, looking for either a break of 3630 or 3550.

$XBTUSD Weekly I'm definitely not the first to post about this, it's just that it's way more clear now that this could be an A&E reversal. First resistance and confirmation break would be 4~4.1k, needs to pick up volume for the next couple weeks.

Good volume, a weekly close above 4.1k would be very bullish.

Update.

Still holding. Stoch could go a little lower, but it seems that the time is coming.

Good downside rejection yesterday, stoch did go a little lower but not much and is now crossing up. Still waiting for that close above 4.1k (or drop bellow 3.3k).

https://t.co/BDCZFHSCro

We got a short term break out. Side note: Interesting how Kraken has a much more well-formed volume pattern than, say, BitMEX.

Noice :)

Still waiting for that close on weekly, got a big nice gap to fill there ( ͡° ͜ʖ ͡°). 4 weeks of green tho, the market might need to rest a little before another try.

Not the cleanest ascending triangle... could break either way, but buying volume seen to be decreasing. Maybe a retracement to the base for a new Bart?

Classic BTC fakeout and dump.

Retesting the broken support as resistance.

This is funny. You're funny, Bitcoin.