GoldenMean

GoldenMean Updated 

Welcome back to another BTC TA. As you can see from the daily chart, every time BTC pulls back from a previous high, the 20 EMA line provides strong resistance. I believe we'll see a pullback from the 20 EMA line before reaching the previous resistance price (purple line). If that is the case, it's likely we'll smash down through the previous low of around 5800 to...

GoldenMean

BTC appears to be following my projected (temporary) move to the upside. However there are still no indications of trend reversal. If the price breaks through the previous resistance price (purple line) there might be further movement to the upside. For now I'm expecting a reversal to the downside before or from the previous resistance line. This analysis is for...

GoldenMean

On August 13 we broke through major support (dotted green line) which triggered a large selloff. August 15th and 16th attempted a break of the long-term trend line (solid green line) much sooner than my prediction, however the price bounced back to the upside off that support. The price is currently testing support levels from mid June. RSI appears to be oversold...

GoldenMean

Looking for MCO to return to the resistance line in red. As the Monaco Cards are released this year (assuming they're successful) I'm expecting the price to break some previous resistance levels.

GoldenMean

I'm expecting short-term resistance once we intersect with the 20 EMA in orange, followed by support from the long-term trend line.