Bitcoin Trend / 03 - 01 - 2018

4년 전

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 Expected trading for today is between 14400.00  support and 16400.00 resistance  


Bitcoin price breached the key resistance at 14400.00 level yesterday
and found support around 13000.00 level.


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A Picture is Better Than One Thousand Words

So What Next!

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  • Bitcoin price now is around 15050.00 and the way is opened towards 16400.00 / 61.8% Fibonacci correction.

  • 100 SMA is still above 200 SMA so the climb is more likely to continue than to reverse.

  • Gap between the moving averages suggest weakening bullish momentum.

  • RSI suggest bullish momentum.

  • Stochastic is heading north so the price will climb.

  • Breaching 16400.00 level and hold above it will push the price up towards 17600.00 level.

  • Note, Breaking 14400.00 level, will push the price to suffer more losses, towards the start of fear zone at 12400.00 level.

Expected trading for today:
is between 14400.00 support and 16400.00 resistance.

Expected trend for today:
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.
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What You Know About --> Fibonacci Retracement in Trending Market.   

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What You Know About --> Syrian Civil War.   

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Sorry @lordoftruth. While trying to unsave some of your earlier posts, through busy.org, your posts were flagged by mistake. Have removed the flags, my apologies.
The folks @busy.org maybe should redesign the voting and move the flag away from the save/unsave key.

·

Very true. Good advice to busy.org, had same problem a while ago.

looks like the bulls are back in business , after the negative talk about the BTC bubble busting , it seem to defy the odds and rise again , now at $15000

I'm mining with:
-Hashflare (cloud mining bitcoin) https://hashflare.io/r/13062913-1 (i prefer it )
-Genesis Mining https://www.genesis-mining.com/a/2140766 (3% promo with this link)
and trading on Binance for altcoin https://www.binance.com/?ref=11789561 ! :p
made a lot this year :3

·

Are you sure you are not scamming?

Let's all hope it keeps that push on up towards 16,000 tomorrow.

Keep it confident and Steem on!
Big love from me,
JGV

Thank you for give information about bitcoin

bitcoin is keep moving up and up :)

Thanks for the update of bitcoin.useful info
Thanks @lordoftruth
Have a great day

Good informamation..
Upvoted and resteemed

how do you think or your prediction about bitcoin price in 2018 whether it will be increasing or going down.
I just want to survey some people's opinions

BTC is going up and up.

Wow amazing change of crypto ..Thanks for sharing ..Carry on my friend..

the market looks good today

Thank you for sharing information :)

the broader horizon range is here

this blog is really nice blog sir

How beautiful analysis of the crypto world. Keep sharing such writings it makes our confusions clear about trending. @lordoftruth

Stay Blessed, Steem On!

inching towards the buy zone

back to the bullish trend :)

It is a buy zone aur wait zone? Can you also do the analysis for steem and sbd also?

Informative post...much obliged for sharing it