BTC vs. USD confirmed support above long-term trendline.
BTC retested the white long-term trendline and confirmed support, which is a very bullish sign.
Note that the daily TD-seq is approaching a 9 though. Expecting a short term (probably minor) reversal to retest the 10429 USD VPVR line.
Green Ichicloud supporting "cushion" ascending higher and appears to be in the process of broadening.
PRISM had registered a bullish reveral as well, and the acceleration/jerk (AJ) ribbon is now curving upwards.
Looking at the 3 hourly:
Previous long-term measured move target:
Note that the daily TD-seq is approaching a 9 though. Expecting a short term (probably minor) reversal to retest the 10429 USD VPVR line.
Green Ichicloud supporting "cushion" ascending higher and appears to be in the process of broadening.
PRISM had registered a bullish reveral as well, and the acceleration/jerk (AJ) ribbon is now curving upwards.
Looking at the 3 hourly:
- Price will need to break up above the thick orange 200 SMA to confirm bullishness.
- Green Ichicloud have recently formed.
- AJ-Ribbon looks like it is in the process of curving upwards (awaiting confirmation -- i.e. when the thick-lime snap-oscillator crosses above the thin-red acceleration-oscillator)
Previous long-term measured move target:
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