To be clear, 1 hour says way oversold.
I see a pattern on my other indicator and its about complete.
50-200 is bearing on 1hr and 4 hour.
News shows Mastercard, Cisco and others have joined EEA , however my events management shows no other EEA events are scheduled until about July 24th, 25th 2017.
IMO , I think this bad boy is going to get pumped and dumped. Lowest Risk would be to short when hits 80+ and hits 98-99 on 4 hour.
BTC/USD looks sketchy as hell too.
I would open a short at .110 or higher...maybe .105.
I opened a small short at .105 because the indicators say way oversold on 1 hour (4 hour just says oversold and 1 day says its nominal).
Be in and be out...Kinda like one of those time you were doing mushrooms in college and hooked up with the fat chick.
Its very likely one can make some quick trades during this news release.
Either go long at ~.1 or under and sell at .11 or higher or short ~.11 and close your short around .1 or lower.
Was nice to make a quick 2-3% profit. ~2 btc gain like a boss.