Bitcoin BTCUSD is preparing for a breakout of the downward channel. The hourly stochastic have rotated backdown and are beginning their rotation back up. We have momentum behind us for a big move. The biggest obstacles right now are the MA. I am looking for a quick rotation back down on the 5 min stochastic, possibly a retracement of the channel breakout and a big move upward.
Kris "Maddog" Kagan -
