Marking a clear intraday change in Bitcoin's trend

12 במרץ 2018

BTCUSD had a clear trend change today on the 15 minute chart. After marking a second top (orange cross), BTCUSD then moved strongly lower and violated it's 15-minute chart trend. This move down puts BTCUSD under pressure on it's daily chart near the 8781.85 trend support. For now BTCUSD continues to hold, but the 8781 area should be used assess current trend health. A break below and the larger downtrend resumes.