Tr8dingN3rd

BTCUSD Long From Centerline

Long
Tr8dingN3rd Updated   
BITSTAMP:BTCUSD   Bitcoin
Price acted nicely as expected and the Short was a great profit.

Now that the Sine-Wave center was cleared out, price peaked through the centerline and recaptured it.

In the same time, we see RSI oversold and a big volume spike from the PinBar, which recaptured the centerline.

This is a very strong sign for a reversal to the upside.

I'm long with my first postion and add accordingly.
Comment:
It's OK, look nice so far. Price holds the centerline and RSI & MACD crossed positive and sloping up.

Comment:
This is not good IMO.

BTCUSD should have taken off with the rally of the big indexes.

I'm playing it save and throw my stop to B/E.

#chickenpitchfork
Comment:
A spark?


#btcSparkenStein
Comment:
Still holding...sneaking behind the curtain to see if we can get up to the centerline.
Comment:
Change in behaviour.
There it goes, and the mini pitchfork projects the short term path of price.

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