BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Good evening as I supposed last time we reached the first target for rebound in 8300 usd area. Now there are many resistances in the path. First of all Stochastic of RSi is crossing signal line and Btc is in contact with 50 period MA (first important resistance). On the other end RSI has broken its negative trendline indicating a buying signal on BTC . I say to pay attention - before taking significant long position- to the crossing of 200 period MA. Negative pressure is decreasing but we could go to test minimum again before a significant change in trend.Keep in mind the many important coins are at their minimum price and this is a significant "signal bottom" but this signal is not sufficient alone.

"A picture is worth a thousand words"
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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