Yesterday at the G20 they talked about the crypto currencies and they said that "they are not a problem" and it is no coincidence that the price of the bitcoin has risen by changing the color of the Heiken-Ashi candle of 19/03/2018. But I think this rise was due to the euphoria of the traders. From my analysis there could be a possible inversion only when the price touches the moving average (200) and a Heiken-Ashi bearish candle will form below the moving average, and then a possible achievement on the supports (6266.2) or (6048).
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Hello Hasman Hassan, I look first at the heikin-Ashi and after the rest.
Tango_Trading
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hi aikitrahn exactly
aikitran
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so you are saying that if by the close of the day (7PM Central time in the US) BTC doesn't close above 9368, then it may slide back to the major support at 6200?
Asma7assan
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what would be the major indicator to start selling and preparing to rebuy. some sort of pattern or some sort of resistance break...what do you think i should keep a watchful eye over? thanks!
THANKS FOR THE COMMENTS