Bitcoin Trend / Weekend Update

2년 전

bit.jpeg
 Expected trading for weekend is between 5575.00  support and 6200.00 resistance  


Bitcoin has recovered swiftly from 5200.00 level and traders took this as an opportunity to buy at much cheaper levels and as expected the strong bullish pushed the price to 6052.00 level / 76.4% FIB Extension.

So What Next!

  • Traders BGT at 5200.00 levels and ride the uptrend which could last way past the next network upgrade / Hard Fork.

  • Geopolitical risk is propping bitcoin price up as uncertainties in Europe and New Zealand and Catalonia.

  • Bitcoin now around 6052.00 / 76.4% FIB Extension.

  • Bitcoin try to test 6200.00 level supported by EMA50.

  • 5575.00 level represents key condition to continue the expected rise towards 6200.00 level.

  • Breaching 6200.00 barrier and hold above it, will push the price to the next target at 6335.00 / 100% Full FIB Extension.

  • Breaking 5575.00 and hold below it, will cancel the expected rise.

Expected trading
for weekend is between 5575.00 support and 6200.00 resistance.
Expected trend for weekend: Bullish.

Source


YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

What You Know About --> Fibonacci Retracement in Trending Market.   

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  ·  2년 전

i love reading your article @lordoftruth. im a newbie in trading and your post realy help me alot.

@cleverbot

·

This comment has received a 1.56 % upvote from @drotto thanks to: @banjo.

Great post bro please vote me

@lordoftruth - I'm very happy now Sir.... As we thought BTC passed $6000... Nice analysis Sir... Therefore, I wish to ReSteem your post.

+W+ [UpVoted & ReSteemed]

Great update for BTC analyses .
thanks for sharing
100% like and resteem

BTC is going at a high value of 6000.2 and critics are saying that it will hit 10k.

great information
thank you for sharing

We are going to be rich :D

@cryptohustlin has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

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Good news..

For your post propagation.
Upvote/Resteem

wow grate post ....i like this..
i have some post .....you can check
here https://steemit.com/crypto/@letsmakes/newsflash-bitcoin-cost-goes-crazy-tears-past-usd6-000

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

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fast recovery and unexpected

Thanks for sharing.
Upvote Resttem

Would love to see your fib chart.

Great post

@lordoftruth,
Now I could remember what you said few days back! This is not a bubble and I said this is a bubble! So, I was wrong! Here is the the proof! Great analysis friend!

Cheers~

Thanks for your update of btc news.

Nice update


as predicted btc surpassed 6000 usd level. impressive analysis @lordoftruth

@resteemia

I'm a new intake in world of Crypto currency, and will like to know some things that are needed of me. There are lot of movement in the market

Thanx for the guide. Bitcoin is a giant now.

It does feels great to know the uptrend of BTC and get on the ride :)

excellent analysis thanks for sharing the update