BTC/USD: seeking direction   Double-Bolli bearish; Volatility lowering; Awesome Oscillator bearish.   The price of Bitcoin was seeking direction recently. There was an attempt to test the bottom band of the Double-Bolli formation but BTC/USD found demand at $40,509.00 (Monday’s…

BTC/USD: consolidating above trendline   Williams Alligator reversed; Williams Percent Range bullish; Awesome Oscillator bullish.   The price of Bitcoin charted a false breakout of the ascending trendline that used to act as the support since the latest bottom on…

BTC/USD: consolidating near multiple support levels   Ichimoku Cloud bearish; ADX and DI mixed; RSI bearish.   The price of Bitcoin is consolidating near multiple support levels on the four-hour chart below. The chart shows an ascending trendline that used…

BTC/USD: bullish breakout possible   Bollinger Bands bullish; Stochastic RSI overbought; Awesome Oscillator bullish.   The price of Bitcoin charted two consecutive breakout signals on the four-hour chart below as 4 hour candles closed above the upper line of the…