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BTC vs. USD confirmed support above long-term trendline.

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BITSTAMP:BTCUSD   比特幣
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:
  • 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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