Currently BTC is struggling whether it should be a bear or bull for the moment. It perfectly bounced of the top of the cloud at 9000 which is a bearish signal.
BTC Is currently moving below the Moving average and should see a day close above 8200 in order to gain bullish momentum.
Signal can be strengthened when it breaks out of the Cloud. We need to carefully watch the closing of today,
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BTC pulled back to the SMA. Interesting to see whether it can close above it.
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Currently breaking out of the cloud with high volume. Looking great. Now we need to close above the cloud to gain further upside potential. Next target will be 10300