crypcento

crypcento Updated 

BITSTAMP:BTCUSD I've already mentioned in my previous articles about this consolidation and key Moving Averages with critical time frames. If you didn't, please read them. They are listed below. Now, let's look at more indicators which will supplement my consolidation breakout theory. 1. Long-term trend line support + Bollinger band floor As you see in the...

crypcento Updated 

Before reading this analysis, please read my previous articles about 24 and 30 DMA as key element to price support and driving forces for price transition. They are listed below this article. Now, a new week has begun, and this week will be a very important week to confirm whether there will be a continuing rally soon or not. Let's dive into a few important...

crypcento

BITSTAMP:BTCUSD In addition to my 1D chart, today's 3D chart looks like the long-term trend line support test was successfully done just now. This is another bullish signal for upward transition. I don't see any other strong resistances above. I'll keep you guys updated for further signals!

crypcento

BITSTAMP:BTCUSD Hello, there, Crypto community! Thanks for reading my analysis. As told yesterday about 30 DMA support line , it seems the support test is over, and BTC is attempting to moving forward to a transition. We are now in the consolidation period in the bollinger band, but I think soon we'll see another upward transition to test previous...

crypcento

As told in my Analysis yesterday, BTC showed a small upward-bouncing movement from Bollinger Band basis support. If the candle closed near to 24 DMA today, we could expect a good upward transition, but it didn't happen.  Now, it is more likely that BTC will have a consolidation period for some day as the Bollinger Band width narrows, and the slope of 24 DMA...

crypcento Updated 

BITSTAMP:BTCUSD The price has been keeping above the bollinger band basis, and if the price keeps above the current 24 DMA support line, the upward trend will continue to attempt previous highs.