$BTC intraday strength moving over to daily! Let's GO!We warned on CRYPTOCAP:BTC before it hit the staunch 30k mark.
Days later on a pullback took a LEVERAGE trade and sold close to the top.
(Personal trade. For the Fund we accumulated long ago, much lower)
Since then we've been SHORT term bearish on #BTC and waiting for some type of bottom to form.
#Bitcoin hasn't shown solid signs until recently.
Early this week we mentioned that the 1Hr chart was looking better.
Took another personal trade with LEVERAGED CRYPTOCAP:BTC close to trend line and sold near the dashed line.
NOW #BTC is stuck between longer term up trend, blue dotted line, trend & short term down trend, orange dotted line.
#bitcoin is not looking as bad as many think!
Want proof? Look at the 4 hour chart!
Am encouraged with CRYPTOCAP:BTC action lately.
#BTC moving avgs are HIGHER - yellow box.
Holding Trend Line is positive.
Buys are coming in, still light though.
RSI gaining momentum.
#Bitcoin is looking better and better intraday and this strength is moving over to the daily chart.
Would like to see a close above light blue dash & the RSI over 50.