If you are buying this long term you are delusional. The only one buying this are banks to later dump on you as a retail trader when brexit realizes or not. Either way the economical factors for both outcomes:
1. Brexit succeeds, good job. Country is now going to dipshits and people will run away from gbp to other currencies.
2. Brexit fails, this sheep herd of...
If btc finds support at either the marked area or the ma's and breaks the down sloping resistance which has provided with a heavy selling volume the outlooks for an appreciation of btc price will be looking good as per projections.
The optimistic projections derive from the logic that the majority of the market is as always extremely bearish because i assume it...
Break of 25 ema 12hr chart classic squeeze. Volume above average because of binance trading competition leading to a breakout in relation to the recent sportsbook alpha release.
Possible continuation ahead.
*DENT-BTC indicating oversold characteristics, right next to ICO ROE hoovering about 10%~ from 0.
*MACD about to cross into a buying signal
*Past 24 hours a lot of buying action with a positive ratio of 28 BTC.
TP at 16 sats ~
Candle stick pattern showing large buying sentiment and volume confirming it on top of the previous high* whilst touching the 50 ema signifies a possibility for a continuation up to the 28$ mark if measuring at the previous swing where the fuel might tone off because of a new high.
I have a long.
This is a complementary chart for the idea linked under "related ideas", to make it easier to follow the price movement
Is gold leading the way for BTC?
Take a look at the similarities outlined on the charts.
I have this idea of that the marked points(horizontal lines) will be the key areas for determining the upcoming trend of bitcoins price movement because the areas collide as in support meets resistance and resistance meets support between GOLD & the indexes S&P 500 and NASDAQ 100 whom naturally have an inverse relationship.
The reason for this thinking is...
Here is my opinion of gold's probable future price movement.
The first leg down will happen because of the fake rally in the traditional stock markets now because everyone is urged to buy and are guaranteed a "safe 2019" following the latest news articles in the financial markets, i speculate this because inversely that is roughly where the supply area is...
XLMUSD has been showing some bullish signs after finding support in between the 50-60 % retrace from the miniature bull flag whilst squeezing on the monthly moving average with the drawn trend line signaling a breakout if we have a rally that breaches and closes with a few lines above the MA.
In the case of a breakout we can expect a surge upwards 0.14...
The LTCUSD has been flashing some bullish signals after finding support on the monthly moving average on top of the inverse head and shoulder pattern in between the monthly & quarterly moving average creating a new value area for LTCUSD between 30 & 40$.
If a break occurs we can expect a break up towards 40$ FIRST before regrouping in a rally with a break out of...