tdeandthatxo

tdeandthatxo Updated 

Weekly chart rsi maccied: pretty high so i expect the price to drop in the coming weeks, not enough Volume. In the long run monthly it goes well it hit the highest resistance line needs to have enough volume to brek the red line. The maccieD is currently crossing the orange line keep an eye out for that and volume. Member patience is a virtue. Less prone to...

tdeandthatxo

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tdeandthatxo

It found support however, it got some resistance above so let's see what it will do.

tdeandthatxo Updated 

#Pray4Bulls

tdeandthatxo

Green line: 50 EMA. Blue line: 200 EMA. Descending wedge which can turn bullish but the triple bottom and small wedge give me hope €4.6k is the absolute bottom. Still everything can happen so it's important to check the volume during breakout. The 50 EMA will probably push Bitcoin down even more.

tdeandthatxo

Let me know what you think if you have any ideas suggestions or remarks, just did this for fun.

tdeandthatxo

My analysis on bitcoin's support and resistance points as well as other indicators. You can see the downtrend channel I pinpointed; I have seen a lot of other T.A. guys have a bigger broader channel but this is simply my interpretation of the current market state and general direction bitcoin can go. I don't claim this will happen just my interpretation by using...