Well I put my rep on the line with that bottom call last week and happy to say it is still firmly in tact XD
BTCUSD appears to be consolidating in an Inverse Head and Shoulders reversal pattern, with bulls currently mustering their strength below the neckline in preparation for a push higher:
Initial resistance is the neckline below 8950, with a break above there confirming the set up and targeting the historical 50% level at 10000. Initial support is 8350, followed by this morning's low of 8000. A breach of 8000 would bring the 61.8 Fib at 7800 back into focus, with weakness below there calling the reversal into question and turning me neutral on this pair.
I remain long from my original premature entry at 8670 and have since added half size at 7450 and 7977, giving an average entry level of 8191.
In other news from chartland, minnows and content creators everywhere have been rejoicing as the infamous STEEM Backed Dollar has made an amazing comeback, taking back the key parity level and even shaking fists below the 90 "cent" mark:
Shout out to 
That's it for tonight folks - for some inexplicable reason I've volunteered for 8:30 personal training, followed by a half hour stretching session and an hour of bloody crossfit - not looking forward to that one bit!
