btcinvests

BTCUSD (1D): Green december, green x-mas!

Long
KRAKEN:XBTUSD   XBT / USD
Hello my friends!

December is turning green. If we look at the current development, we should close green at the end of december. i show you the whole year. the months show the open and close and are accordingly green or red. you can see the development quite well. you also see the vma. i think that we will reach the vma62 (8800 / 8900) by the end of the year. Variable Moving Average is an exponential moving average . VMA automatically adjusts its smoothing constant based on market volatility .

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Let's see what happens.
Happy trading. :-)


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Comment: near target. two weeks later as expected. when resistance breaks much more up possible. ...

Comment: vma62 target area reached. be watchful. we are at a decision point.

Comment: vma target reached... lets see if it will break.

Comment: first target reached. lets see if break resistance.
Trade closed: target reached: PT
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BTCINVESTS.de
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http://www.btcinvests.de
mail@btcinvests.de
https://t.me/btcinvests_de

German Bitcoin Consultant · Trading · Research · Investing

Investing in Bitcoin and Cryptocoins since 2014.
Trading experience for over thirty years.



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Comments

Hi, seems we keep on bullish market and last resistance around 10k is now a support. Recently there are no major pull backs and it looks like it becomes ready for next leg up. If resistanc slightly below round 11 and 12k would be pierced then we might go rather fast.
Thanks for your work and happy trading!;)
Reply
btcinvests schizaar
@schizaar, thank you too. yes could be. i expect a max bull back to around 9k. :)
Reply
schizaar btcinvests
@btcinvests, bull back - minor price correction on bullish market. What a nice new term we have ^_^
Despite BTC which altcoins would you consider as the most reliable ones and/or the most ahead of BTC and worth of buying at this point? Normally it is good to consider if buying now is not a bit late, but as said above there is still space for move up.
Reply
btcinvests schizaar
@schizaar, :-) i prefer ltc, xmr, xrp
Reply
Great analyze, thank you !!!!!
Reply
btcinvests aristide
@aristide, thx very much for your feedback. :-)
Reply
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