Bitcoin Price Mini T.A. 4/11/2018

in bitcoin •  7 years ago 

Current Market Cap: $270.72B(+6.31$B in one day) Bitcoin Dominance: 43.4%(-0.6%)

BTCprice04112018.jpg

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Today I'm using three different trading tools and indicators: Bollinger Bands, Stochastics and MACD.

Bollinger Bands show we are just above the moving average (around $6,870).

Stochastics indicate normal conditions, neither oversold nor overbought (69).

MACD shows we are above the Zero Line and the histogram is tapering down. Keep an eye on a potential drop below.

Price Targets:

Entry $6,500- $6,850

Exit $6,950- $7,450

Check Out My Last Bitcoin Post:
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-mini-t-a-4-10-2018

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https://steemit.com/bitcoin/@hotsauceislethal/how-to-conquer-fomo-fear-of-missing-out

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https://steemit.com/cryptocurrency/@avii/mind-over-money-documentary

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Keep A Strong Hand!
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-s-increasing-dominance-and-shrinking-market-cap

*Never invest more than you are willing to lose and always do your own research before making any investment decisions. I am NOT a financial advisor and this is NOT financial advice- this material is intended for entertainment and informational purposes only. Hit "CTRL + or CTRL -" to change size of chart.
(All pictures are free domain images from snappygoat.com or created by myself.)

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stoh is not best indicator)

It is very similar to the Stoch RSI so I prefer this one. There are dozens of tools and each person prefers their own.

100% stoh is absolutely useless.

So is your comment :P

Nice Post! I appreciate the TA. I’ve been buying Bitcoin during the dips. I can’t wait for the next bull run! Continue to post good content!

Keep holding! Great time to accumulate at this price range as we already feel as if we have bottomed out. No idea where the bottom lies but I think you can safely stack BTC without any long term losses at this point.

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