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cybernetwork

BTC have broken above the 200 daily SMA

Long
Bitcoin (BITSTAMP:BTCUSD)  
cybernetwork Updated   
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Oscillators Moving Averages
1
0
supportandresistance oscillator movingaverage
BTC have broken above the 200 SMA (thick orange line) on the daily, now at the 7th consecutive bullish candle.

Ichimoku cloud flipping green as well.

Next VPVR resistance level at ca 23k USD.

Expect a retest of the range (19.5k~20kUSD) where the 200 SMA presently sits.
Comment:
Inverse "Head and Shoulder"-like momentum reversal pattern.
BTC is now above the 4hrly 200 SMA. Measured move as indicated by the green arrow.

snapshot

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