BTC looks like it is ready to rebound on the hourly. Confirmed if price breaks out above yellow dotted line.
Bullish PRISM Oscillators signals (Daily Chart):
Stochs Oversold State
S-Osc in the positive.
Acceleration heading into positive, expecting to pull momentum up towards the positive.
Cyber Ensemble Signals (Daily Chart):
Long-term trend of the yellow dotted line:
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30 mins chart (Breaking Out):
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Waiting for confirmation..
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[B]Presently being continuously rejected by the Bearish Ichicloud:[/B] Again, waiting for breakout above the yellow resistance line, and a retest for confirmation before entering a long.
Price continues to be rejected by the bearish ichicloud on the 1 hrly. However lossa bullish accumulative "w-patterns" appearing on this timeframe. 8733 USD VPVR level needs to hold. Bearish if price falls below (possibly to 8kUSD first and then possibly even down into the 6-7k region after after a short bear-flag formation).
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Again, as above: Bearish if price falls below $8735 VPVR level -- will expect a much more significant fall down to the $7000 level.
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Note: CYBER ENSEMBLE signals a Sell though.
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Bullish cross of the Red 21 EMA and Green 50 SMA occurred on the 1hrly. Price still presently supported above the Ichicloud that may flip bullish if the price holds sideways. Presently still being rejected by the yellow dotted resistance line.
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