EETimo

EETimo

Hello all, I am very new in the whole trading world and started recently with the whole Technical Analysis side. And man there are soo many information available I just can't keep up haha! Here I think an Ascending Triangle can be seen. The flat resistance is hit multiple times and the more times this resistance line is tested it will eventually fail to hold...

EETimo

As we can see in the previous periods bitcoin couldn't break the resistance line (Middlebands). When it touched the middlebands it would go into a dip. This occured 3 times now. When it finally broke the resistance it came to a stop at the upperband. The chances are quite high when the a chart hits the upper band it would go down. We can assume that the middleband...

EETimo

I have not been in the crypto world for a long time and have just started learning the TA analysis. So as of today there is a new resistance line. The Resistance line from before became the new support line for BTC. If BTC cross the new resistance line it may all the way up to $7600. But if BTC is still going down we could see a correction at $7100. Then it could...