XBT/USD weekly price range at 4300$-4800$ | There is an unusual situation this week, the 2-month VWAP average is flat since the bottom of 15 September, therefore neutral trend for the short term. However, the market has surpassed the resistance value I mentioned last week, at $4300, this is a positive note.
To bring the short-term trend back to the upside we need to stay above $4300 at least for the whole week. The resistances shown in the graph range from 4800 to 5250 dollars.
In the previous update I had suggested to my readers a short term long operation from about 3600$, who followed this “trading idea” will surely have had a decent profit, I invite you all to keep this operation open as long as the XBTUSD cross will remain above $4300, below this level I suggest to close the position.
The RSI, as I said last week, has already given a sign of purchase that is now confirmed by its average which is on the rise, however we have not yet entered the overbought area leaving margin for a possible rise up to $4800.
Bitcoin Trading Ideas, Analysis 
Hi Enky
– first of all: thanks a lot for your regular and profound analysis. I’m reading your blog for years, though I am pretty inactive in trading (just holding…).
What do you think of Bitcoin Cash? Do you think it might recover, or is it wise to sell it now for BTC before the next fork, even at this price?
Thank you!