Just a crazy idea on bitcoin. Limited divergence, but it is overbought. I will not enter this trade, but I believe the long run will turn much higher than 4k. Thank you :)
The current resistance that we have with Bitcoin at about exactly $4200 is due to an age old Resistance/Support line which began all the way back in 2013. Like can be seen in the chart, the candlesticks from 2013 and 2015 have stopped exactly at this line and as we draw it even further we get our $4200 so this line is clearly the cause for this resistance. I...
The fud in the summer, just to get more btc. You go with it, they accumlate. They set up BCC, for even more btc and now we see moon:)
It's developing a nice trend and most indicators showing further upside movement for a trend continuation.
XBT sideways vs bull movement can effectively be tracked using the ADX slope. Blue arrows are for bull/bear trends and Red arrows for sideways trend.
Upward pressure on exchanges, expect a good squeeze in both BTC/usd and LTC/USD in the next few hours. IF you wish to withdraw your private keys before, 1 Aug. please plan on long wait times on network! To avoid inconvenience and possible losses of free BCC/USD if not withdrawn to private address in time, PLAN ACCORDINGLY. :) CHEERS!
All the blue lines are support and resistance lines. Some come at angles and some are horizontal. Now take them all and throw them in the effin trash. This is BITCOIN and all of that is irrelevant. It will not follow any of that BS for now. The only way to trade this for the time being is by using indicators and fractals that will continously repeat...
- XBT will hit 'all time high' w/ new $$$/hype thrown at BIP91/Segwit2x. - 'All time high' will crest around 3500-3750USD. - If there are any hiccups w/ BIP91/Segwit2x, XBT will quickly retract/return to 2000-2300USD. - Sidenote: I see XBT as a commodity. I don't think it will ever have real application.
MACD Long sqeeze sending RSI Oversold In buy area and same cup and handle formation on daily . Good development .
I think it will either dump out if the light green triangle or it'll break out of it upwards,