TradingBTC1

BTC/USD Pressure Building for Big Move!

Long
BITSTAMP:BTCUSD   Bitcoin
I wanted to update the BTC chart from a couple of days ago to show that momentum continues to accelerate in our Proprietary Oscillator but price hasn't hit resistance as of yet. Notice how much larger the positive divergence is (4th arrow) and price. This will get resolved very soon. On a side note, our Oscillator has crossed above the ZERO line on 40% of the coins we track and back on March 8th only 18% of the coins had a positive crossover. Momentum on cryptos is growing and I would expect a huge move in cryptos very soon!

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