MBitcoin
Long

Top major charts are showing synchrony

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
125 0 0
Good Morning Bitcoiners,

It was a very interesting weekend for everyone, specially the buyers that have full control over the price and once again the volume seem to show up just at the right time. New movements in the major time frames are showing that the two higher low's (weekly/3Days) can bring more volume and more momentum to the potential rally during the course of the week.
The monthly chart shows how the actual price is trying to deny the entire candle and is possible that the price reaches again it's own top tale $1093,68 which I believe is one of the main targets for the buyers.
The weekly chart has a new higher low and buyers are trying to bring more volume and market makers to push the trend towards the major resistance. The first obstacle is $1038,16 and after that, there is free space for the price to reach $1093,68.
3 days chart shows the same pattern htis time is another higher low and the price is penetrating the top tales that right now makes things more esy for the buyers and why not for the entire up trend. $1093.68 is the area that can bring high volatility and eventually new opportunities.
Last but not least, the daily chart shows another higher low and the synchronization fot he whole three major time frames can give a bullish result that can set a new uptrend and a new rally towards the historical highs during the course of the week.

Here is the Weekly Analysis.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out