BITCOIN weekly MA20 and MA50 tells everything!
Redline is the price prediction in 2019!
Yellow line is the weekly MA50 for bitcoin
Blue line is the weekly MA20 for bitcoin
Bear will be finish in the end of 2019!
With 4H chart, double top formed, second top volume is weak compare to the first one.
From 1H chart, triple top formed, and the volume reflect the strength of bulls.
How to trade?
suppose ETH will revisit the resistant line ~ 156, if the volume not decent to try breakout the neck...
Hi, Dear Experts
Crypto world is weak again, maybe caused by the new year festival, crypto sharks are leave for their holidays?
My opinion on ETH was short from here, actually I have short from 140 USD last night.
From the daily candlestick :
Obvious pattern has been formed for the trend reverse:
Double top formed
BTC in consolidation region 7000-9000.
Daily RSI ~ 35, almost reach the oversold region, MACD very near to the bullish sign, bounce is expected.
But I think BTC need to consolidation about 1-2 weeks in this region, since sentiment is conservative, The G20 is set to hold two separate discussions on cryptocurrencies next week in an effort to seek what...
BTC has long term bull run from the end of 2014, from price around 200 boost to 20000 in the end of 2017, 100x return.
How about let's investigate the long term trading view for BTC, since most of us are personal investors, it's difficult to beat the market in short term, such as frequently daily trading, especially in bear market.
Is it possible to...