From what we can see, we had PPO bull div on 3D - 3 times in BTC history according to BITSTAMP:BTCUSD. The first two times it occurred we had a price increase of 61% and 67% approximately.
Price increase is calculated from the closing price of the candle when the bullish PPO divergence occurred until the nearest higher high.
Let's see if it can happen again.
I'm staying Neutral - holding.
Price increase is calculated from the closing price of the candle when the bullish PPO divergence occurred until the nearest higher high.
Let's see if it can happen again.
I'm staying Neutral - holding.
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TD buy setup signal on 1W comparing February 2015 and July 2018.
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Fibonacci 1.618 corresponds to TD support and resistance trend line with range of first bullish candle to 8,000.00 BTCUSD
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Squeeze momentum
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There is a chance we'll reach 9,000$ in the next 2-3 weeks and have a temporary reject from that level.