Bitcoin opened and closed another day above 20 day moving average and today's candle (green 4) is trading higher than green 3 on TD indicator. No resistance on daily chart. MACD is also about cross over into bullish territory. ATH will be challenged and imminently broken.
The price has been beautifully sewing up and down the uptrend line. The coming moves have been forecasted using extrapolation data from the previous oscillations around the trend line. Based on the analysis I am expecting the price to retrace to 128 daily ma in mid to late April and hopefully get support and bounce of the moving average.
The price has been beautifully sewing up and down the uptrend line. The coming moves have been forecasted using extrapolation data from the previous three oscillations around the trend line. Based on the analysis I am expecting the price to retrace to 128 daily ma in early and hopefully get support and bounce of the moving average.
TBS indicator signaled buy at price of $9,153 the week of 8 Jun 2020 after getting into the bull phase by crossing over 50 weekly ma and holding 21 weekly ma. On the week of 16 Nov 2020 Bitcoin signaled sell at the price of $17,724. That is 93% profit trade without cherry picking the bottoms and tops. Based on the indicator I am expecting a pull back in next 2 to...
Based on Trend Buy and Sell Indicator (TBS), Gold is in uptrend identified by 100 week ma. In the next few weeks TBS is suggesting a pull back into 30 week ma which has proven to be a good support level historically in uptrend. For this chart I have used parameters suggested i.e Trend Moving Average = 100, Support Moving Average = 30, Motivation Buy = 1,...