Short Term Update

FLAT | waiting next trading signal

After a long signal at around 7.82$ this night at 4am (GMT+1 time, i live in italy) the market touched 8.40 in the morning, since then sellers took control of the market, at least temporarily, the oscillator it’s oversold but i dont think i’ll see a buying opportunity today, once the low is in place, probably in the next 12 hours, i think a rally will start. I expect it to carry the btc up and above the 8 level over the next few days.

Long Term Update

LONG | from 0.93$/btc with 1 unit (100 btc)

This is a wider view of what happening since the trend acceleration started in april. Alma moving average is providing nice support and every time btc touch it, it quickly rebound. The oscillator  is completely saturated indicating the presence of a strong trend.