UnknownUnicorn1540828

BTCUSD : little bounce expected

BITSTAMP:BTCUSD   Bitcoin
Last post/target reached :

Globally speaking, volume spike at the end of the 5th. count seems completed :

Weekly is back red and a mid term bullish run with HH seems unlikely for now. Median volume above anterior weekly volume, ths week most continue with high volume or weekly perspective gonna likely be a LL as result :
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Daily MACD is bullish but still in the deep zone. Doesnt expect huge bounce for now. Conservative price dynamic toward 4k. 4H MACD might take some days to form a bullish signal
Trade active:
Entering a nice zone. As I was expecting some days was needed to form the signal. Overall I project that we should see a bounce at the end of this ABC :

Trade active:
Minor reversal zone reached :
Comment:
So short term target remain the same :
Trade active:
Stopped at 3.9k but im expecting more a 4.2k. Lets wait before new post
Trade closed: target reached
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