BTCUSD 02 August 2019 Daily Chart : Multiple time frame Outlook.

Short Term : Support : 10200 USD & 10350 USD || Resistance 10500 USD & 10650 USD
Medium Term : Support : 10200 USD & 9500 USD || Resistance 11000 USD & 11300

• After the price action broke the previous broken trendline and resistance at 10200 USD, i decided to erase both trendlines that already been conquered so far by BTCUSD. 4 uptrend line is represent a stages of the momentum stage for price action. Uptrend line 3 & 4 is more likely for a short term trend while Uptrend line 1 & 2 hold a significant level of support.

• As long the price action above 1 and 2 trend line.. i remain bullish for current structure and momentum for bullish run up.

• so far indicators remain bullish. More Bullish in 1 day but in not so well for weekly and monthly.

from top to bottom indicators :

• OBV to measure the new volume for the current market (no over extend level, the higher the positive histogram the better for bulls and vice versa) .
• CMF to see for the pressure of the market currently (the higher the value the better for bull trend and vice versa no over extend level).
• CCI for trend spotter ( the higher the value, as long it's above positive value it's considered bullish and vice versa. It can over extend for overbought/oversold level)

4 hour TF

• price action still align with indicators. i expect a run up will still bullish on the short term. While CCI (bottom indicator) dont sync very well with the rest of indicators and bearish divergence is sighted, keep in mind it's still on bullish trend as long this indicator remain on positive value.

1 Day TF

• OBV represent a new volume enter the market for recent price action. Show a slightly hidden bullish divergence if it look closely, CMF and CCI show a bullish divergence.. which is very positive outlook for btcusd.

Weekly TF

• Weekly beginning show a lack of volume to fuel bullish run up and relatively lack of similarity compare with 2017 run up. but things will change depend on the lower time frame price action would react.

Monthly TF

• Clearly it easy to see how lack of new volume/money flow is coming in this market. Compare OBV on 2017 with 2019 is very dramatically low, also happen with CCI and CMF. If the following months still the same like this level. i dont believe this run up would sustain much.

Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.