You guys have a great 2018 !!!!
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You guys have a great 2018 !!!!
Make your own decisions....each trader will examine this otherwise, please share what you think....
Hi there!
If you would like this thing to rebounce, then you WILL find a way to describe it using chart analysis or some other indior.
If you would like it to shed weight, the same matter.
From the chart, I can only state that YOU want to trust it will rebounce.
Not really, I am just curious how others see it...
In my opinion it appears like it is in a downtrend and will re-bounce ONLY when it breaks certain amounts on that chart...
however 'WANT' does not match in my trading mindset.... I just respond to what I see
I'm a trader, not a investor
Time Bitcoin took a hit it moved for 2 years right into a downtrend. Like the bubble contains bursted it looks and we are returning to a normal price. Would not be surprised if people see ~$3000-$4000 in the next few months.
Where is bitcoin buyer ? Please buy it now. I'll buy 1 bitcoin as it price come to 1k. Happy commerce to all hahahhaaa
I'm a fanatic/buyer and've been buying for ages. Thankyou for your 1k offer, but I am maintaining my BTC thanks
This was really a fantastic advice. Price now is greater gt at Feb-5.
Almost 11% since yesterday!
Bitcoin extends profits
from Fawad dzada
Earlier, I composed a fundamental piece concerning the recent movements at the FX, equity and bond markets, and said that something doesn't really accumulate. Well, lucky for me, I am first and foremost a technical trader/analyst rather than a fundamental one. It doesn't really matter what you or I believe 'should' happen. Provided that price says to me it wants to go up then I am bullish, also if it is telling me it wants to go down, I am bearish. Of course also you and I can have perspectives on the direction of prices, but this shouldn't cloud our decision when it boils down to trading. But when things do not line up, it may be better to keep on the side-lines. Then take items to the next in case you have to exchange and move on, or look for opportunities in the FX crosses and something quite different like Bitcoin.
Talking of Bitcoin, the cryptocurrency has managed to bounce back in the previous couple of days after declining sharply. In some niches, it climbed to the $10K hurdle before easing back a little on profit-taking. Recent price action has been bullish. Since the one hour chart of CMA Bitcoin stocks show, it has been putting in a series of higher highs and higher lows. On the daily, it has shown willingness to hold over the 200-day average. We've seen some quantity as it traded round the 200-day average coming to Bitcoin. The 1-hour volume weighted average price (VWAP) is now trending higher. Bitcoin has broken above a key temporary resistance zone at the 9000-$9250 range. This region has since turned into a little bit of support. For as long as price holds above this region then the short-term prejudice would remain bullish. If it goes back under this $9000-$9250 range then one would have to strongly consider the bearish scenario given the declines on the higher time frames. The next area of resistance is $ and between $980010100. This area was formerly support. Further resistance comes in at $10850.
Source: TradingView and http://on.forex.com/2ENLNPl
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