Get started

Btc2019rally

Price zones of BTC for next 4+ monthsThe charts basically speak for themselves. You can see very clearly when the 200MA becomes resistance in 2018 on the weekly chart and the 50MA becomes resistance on the daily chart . The labels in blue are from the daily chart while red arrows and text are the weekly labels. We made a golden cross on the daily chart today which means we should of hit the peak price today and everything will be down from today until the 2md golden cross happens on the day chart. The main cause of the downward movement is because of the 200MA on the weekly timeframe being at $4480 and dropping. In about 3.5 months when the 2nd told cross happens on the daily chart , the 50 & 200 will also almost meet on the weekly, switching the 50MA on the daily back to support from resistance and switching the 200MA on the weekly from resistance to supporting with the resistance removed it's nothing but up for the next 2 years. The top chart shows the daily chart of how it happened in 2015 and the bottom chart shows the view of the same thing happening now. I don't know how to add a different chart so you will have to switch to weekly on your own to see what the moving averages look like on your own. We are looking at a fall to $3400 to $4000 range where we will stay for 3 to 4 months if it plays out the same as 2015 time wise it took exactly 2 months for the death cross to happen after the first golden cross that happened today and then 6 weeks from the death cross till the 2nd golden cross which happen when BTC is already halfway up the hill
BITSTAMP:BTCUSDShort
by Skimanner