This is a mid-term analysis.
First, excuse me for oversaturated chart. There are too many lines but I just wanted to share my plan to trade Bitcoin because I think everything just lines up so nicely. I didn't have time to make new chart so I hope you can read this one as is.
Bitcoin could go straight to 19300 (white arrow) or fall to Fibonacci Golden pocket at...
Moving averages. Whether you love them or hate them, trade with them or without them the fact of the matter is that some of them are very significant, even on their own as they can act as support and resistance. Once they cross however, their power can absolutely make or break a market as seen countless times in the stock and gold market but also with Bitcoin and,...
All signs point bearish. MACD, RSI, Gann Fann, TD Sequential, Short vs Longs, Volume, KC, Wedge. Wait for a close below the previous ascending channel unless you want to get fakeout'd. (Entertainment Only) (DYOR)
On the weekly chart we can see the weekly 200 simple moving average(in blue) has provided amazingly strong and as of now unbroken support. On the flip side of the spectrum, we can also see extremely strong resistance from the 20 week simple moving average(in orange) we have had 2-3 months here of very little volatility but we can see that both of those strong...
