BCOUSD @ 60 min. Chart @ suggests price pressure until 48 USD

The big picture is still looking pretty bullish
Based on daily charts , an outbreak above 54 is only a question of time - this month or even january`17 ...
But the short term makes me afraid last 24 hours and even suggests me price pressure even unbtil 48 USD ?!

How ever the short-tmer chart is pretty bearish even under 52.500 BCOUSD
Why ??? Let me shortly excplain ...

• the daily sma broked even around by 52.500
  
• the weekly sma broked even around by 52.500
  
• the monthly is more or less even around by 48.000
  

Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)

Best regards
Aaron

Comment:

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