Our Proprietary Oscillator has just turned back up and if it holds for today's close then momentum should carry the price higher into about the $205 range.
The declining 200DMA is becoming a magnet for price so we could see a move up to meet the 200DMA.
ETH has been hit hard in this latest move and we have highlighted a few areas that may give direction in the short term.
Negative viewpoint on BTC as lower highs continue along with MACD crossover to the downside and RSI moving to oversold levels1
Hola, te comparto mi análisis para el BTC -2.71% Del mismo puedo decir que: En estos momentos el btc -2.71% se encuentra tocando el piso de un canal alcista al igual que un soporte temporal y debajo 2 soportes antiguos. Se encuentra dentro de una onda(WXYXZ), creando la segunda(12345), son así 2 ondas: La primera desde los 6670(0), 7817(X1) y 8650(X2) La...
This is a chart of the amount of shorts that are opened on Bitfinex exchange and you could see that in the last few days there have been a lot of shorts opened on BTC. Seems a bit funny that we get all the FUD recently and then today's news about a subpoena being issued to Bitfinex but not (today's news) it was issued last month on Dec 6th. BTC has been...
Here is a WEEKLY chart of BTC (Bitcoin) and price has come down to the 20 day moving average as well as approaching the uptrend line that started in September 2017. Both will provide support for this downtrend and will stop the downfall. You can see the 20 day weekly moving average has stopped 2 other downfalls back in July 2017 and September 2017. BTC will...
We gave a buy on Nov 10th of 2017 and are now posting a chart showing a good spot to lock in that profit!