Hello ALL,
This morning as I take a look at the 1 DAY BTC charts we are in a tight tight range and the Bollinger bands are getting very tight. To me this a sign that some serious volatility is coming to the markets pretty soon. This time based on the action I have witnessed around the crypto markets with other coins going on some large runs, I think it may be BTC's turn to make a go of it and break this wedge once and for all. We are not overbought on the stochastic RSI and the MACD seems to be in apposition the make a move. Lets keep and eye out for a big move in Bitcoin one way or another coming really soon as market conditions seems to be improving both technically and fundamentally from where I stand.
After years of trading I'm finally going to be sharing my thoughts and analysis of the markets on a daily basis.
Please follow me and give me a like as I continue my adventures in the Crypto Markets.
Comments and Discussion are always welcome as the views of the many trump the opinions of the few.
This is my own personal analysis and I do not give financial advice.
This morning as I take a look at the 1 DAY BTC charts we are in a tight tight range and the Bollinger bands are getting very tight. To me this a sign that some serious volatility is coming to the markets pretty soon. This time based on the action I have witnessed around the crypto markets with other coins going on some large runs, I think it may be BTC's turn to make a go of it and break this wedge once and for all. We are not overbought on the stochastic RSI and the MACD seems to be in apposition the make a move. Lets keep and eye out for a big move in Bitcoin one way or another coming really soon as market conditions seems to be improving both technically and fundamentally from where I stand.
After years of trading I'm finally going to be sharing my thoughts and analysis of the markets on a daily basis.
Please follow me and give me a like as I continue my adventures in the Crypto Markets.
Comments and Discussion are always welcome as the views of the many trump the opinions of the few.
This is my own personal analysis and I do not give financial advice.