BTC being squeezed by 100/300 MA

BITTREX:BTCUSD   Bitcoin / U.S. Dollar
On the hourly chart the impact of the 100 and 300 Moving Average cannot be denied. While both were providing support until Monday, since then we have been trapped in an ever tightening range between the two. With both the RSI and Stochastic RSI showing indecision, expect a strong signal of BTC's future intentions for the next week from which MA we break through.

Save crucial space on your Trading View chart by utilising my free to use indicator which overlays both the RSI and Stoch RSI in a clear and helpful fashion - link below.

Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
Comment: Decisive break up above the 100MA - will now observe to see if it is a true break or a fake out.
Comment: Double fake-out! We're now back in the range between the 100/300MA.
Comment: Interestingly the 50MA seems to have taken over from the 100MA
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out