Just begin in the technical analysis, for my first one, please be indulgent !
So we got a move right now on the bitcoin and we breakout the 12 000 $ !
On the chart on 1 day, we can see :
- LOW RSI
- MACD cross the Red line Signal
- The price of BTC follow the EMA 20 Days
- Potential Elliott impulse Wave
If we compare the Higher of 26 June 2019 with 13 970 $, we can see that ce RSI was at 98 % and now at about 10 %
When we compare The MACD,we can see that the MACD cross will cross the Signal line very soon.
If we take a look at the chart at 4 hour, The MACD line already cross le Signal Line.
We can see a high volatility between on the MACD on the 26 June compare to today 09/07
I think we are going slowly at the 13 200$, will break it,goin around 14 000 $ and 15 000 $ and go back to 13 500 $
to find a new support area.
All comments and critics are welcome !
Have a nice day !
So we got a move right now on the bitcoin and we breakout the 12 000 $ !
On the chart on 1 day, we can see :
- LOW RSI
- MACD cross the Red line Signal
- The price of BTC follow the EMA 20 Days
- Potential Elliott impulse Wave
If we compare the Higher of 26 June 2019 with 13 970 $, we can see that ce RSI was at 98 % and now at about 10 %
When we compare The MACD,we can see that the MACD cross will cross the Signal line very soon.
If we take a look at the chart at 4 hour, The MACD line already cross le Signal Line.
We can see a high volatility between on the MACD on the 26 June compare to today 09/07
I think we are going slowly at the 13 200$, will break it,goin around 14 000 $ and 15 000 $ and go back to 13 500 $
to find a new support area.
All comments and critics are welcome !
Have a nice day !