A lot has happen since our last screening! In our last screening, we focused on how #Bitcoin crossed above some very major levels in strong #bullish fashion (blue arrow). Since then, the bulls have dominated. We did not have anything in our way all the way to our $9,500 level #resistance, and that is exactly where we went (red arrow). However, on the 1d chart, #BTC was rejected at this level. This does not surprise me, and I would not be surprised to see a second test soon. We would need to see Bitcoin respect our bull trend #support line (blue diagonal line) and then come up to retest $9,500 (green arrows). We are clearing out some great room on the #RSI, and our #MACD is still showing strong momentum in our favor. We are extremely #oversold on our 1hr chart, so I believe the sell-off has slowed. We should expect BTC to consolidate a bit then pick a direction to head. Stay vigilant!
Anyone grab BTC at the bottom? Anyone nail some good trades on our recent bullish surge?