BCPT triangle formed, borderline symmetrical so still a risk it may break down, however buyers seem to be strengthening over the sellers pushing the price into the top half of the triangle.
Both the 2nd and 3rd standard deviations have pushed inside the Keltner Channels (sign of consolidation and upcoming break out or break down), the short EMA (7) has crossed the medium EMA (77), and MACD also has a positive cross.
Everything is a little in limbo while people wait to see if the CME expiry will affect BTC -5.88% - in my (humble) opinion now it is becoming increasingly unlikely. So it may take some time for this picture to change. Look for the break out above the triangle and an increase in volume on the lower timeframe charts.
