A Quick Cypher ScalpBITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD
1.Low / decreasing volume uptrend
2.Forming bullish cypher with CD downleg incomplete
3.7hrs kumo cloud resistance on the head
4.The cypher completion expected at traditional S1 support
5.Bounce from the cypher effect to be arrested in the 0.382DC then 0.618DC, Complements Kumo cloud resistance
6.A later on expected downfall to the S@ ground, after the uptrend breaks and gets rejected by the kumo cloud..
Will update the final leg of the down fall later on..
All thi is happening in the background of a longer trend which i established here...
