At this time you can see Bitcoin now at this support level: - MA50 at 6933 - Bitcoin test 6835-6900 in 4 days recent and had small bouce after touch this area (fibo support) - RSI now show a little bit space for small going down of price (recent price 6950) - MACD now moving to 0 area What to do now? - You can open your long position at 6835-6900 area with a...
Look at this chart of BTC and wait for a big bounce from this area around 731x Thanks so much for reading!
In 1D chart you can see: - BTC now touch EMA20 at 759x level - BTC now a little bit above midle BB line 758x - BTC now have support with fibonaci 23.6% - Stoch RSI at buy zone area What to do? In short term we expect BTC will up to last resistance level at 782x. It will have a small correction and continue going up. If you enter LONG trade at 74xx zone as my...
At this time, after a few days of consolidations, Bitcoin is showing a very clear signals for some move up. Reasons: 1> Market: - Market cap is at good level: almost 29B - very good improvement from low level 243B (on 12jul) when we had bottom price at around 6000usd - BTC dominance: now 47% and in uptrend (clear in chart of coin dominance) 2> Indicators: In 1D...