Zivul33

BTC decision making point!

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BITSTAMP:BTCUSD   比特币
BTC kept testing the diagonal resistance but this time the bullish movement will basically die out if we don't break out in a day or two as we are about to enter the Ichimoku cloud which I know I'm not gonna be as bullish anymore.

However, as everyone is considering a bear to be somewhere nearby they should understand that considering the move of a manipulator is the next step of towards this market, not just a longterm view over a channel and constant rejections! this is why having a long trade after the breakout point which is the diagonal resistance is preferably a good long trade to 13450.

The Ichimoku lagging span is now crashing to the price action which is not a bull friendly move and let's hope it doesn't go under the price action.
RSI hasn't settled down since the discovery of the bullish divergence and has been making higher lows and the last test to the diagonal support confirms another higher low on the RSI!

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