The stars are aligning

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Continuing from my previous chart, we look set to tackle the daily 200EMA which has been a clear resistance level during the bear trend. We clearly rose above the 3d50MA which was the 3 day resistance line for the last 10 months. If we break the daily 200EMA it will be a very powerful bullish signal. The next historical resistance would be the monthly R2, a selloff there is quite probably, before resuming more up. Might also bounce a bit off the 200EMA.

Related Ideas

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