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CryptoPeep
Mar 27, 2019 12:20 PM

Bitcoin is looking much better!!! Long

Bitcoin / United States DollarCoinbase

Description

Ok it has been a while but Bitcoin is finally looking much better.
As long as this is not a false breakout I am getting exited.

2). It has broken a 10 month resistance
2). It has broken a 20 week ma
1).The 50 day simple moving average is now above the 100 simple moving average.
2). Both the 50 day ma and 100 ma are in uptrend 1st time is Jan 2018.
3). We have tested the 200 week ma twice.

Warnings,
Could be false breakout and stock rsi on 1 week is still very high.
Comments
CryptoPeep
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and NOT take this information as a trade signal.
CryptoPeep
Sorry forgot to redo the numbers.
Plus in log view we still have not crossed that 10 month resistance.
I will also add the script shortly I made for the background. It has 2 day simple moving averages and 2 week simple moving averages.
That can be changed and viewed on any time frame less than either the day or week.
It also has an option to show weekend data, not that this is as important these days with all the bot action.
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