Bitcoin update(03/06/2017) :All Going Well, But Their Is One Concern!!!!!

in bitcoin •  8 years ago  (edited)

Bitcoin is treading very well today. Its opens at $2475 which is also yesterdays high. I recommend buying this script in my last yesterday post(https://steemit.com/bitcoin/@jimmyrai28/bitcoin-update-02-06-2017-support-tested) and those have bought must be in decent profits.
Everything is going well for this crypto currency , it is in uptrend, testing support, volumes are good, may hit upper trendline of rising channel which is $2700 currently(see chart below). But if one notices in chart everytime it goes up it goes down to check 10 days EMA, which is currently at $2317. Further it moves away from this 10 days EMA, risk of touching again to test support rises.
So, anyone who is buying or have bought should protect their respective postions with stoploss as per charts and their comfort also.

If you like my analysis do upvote, follow, comment @jimmyrai28
if not then criticize, this also will be highly appreciated.

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just hodl and you will be fine :)

hold!!! simple word but hard to practice!!

it is hodl - you noob, lol

People say "hodl" bitcoins if they mean "hold" bitcoins (instead of selling them). When did the word "HODL" first emerge, and is there any deeper meaning in the word except swapping the last two letters?

It was a reddit typo by someone that stuck quite a while ago... It's pretty stupid if you ask me.

it emerged early Bitcoin days... would say around 2012 or so. No it means exactely that :)

Ok , thanks anywayfor stopping by your reply is as good as ur upvote!!!

Clif High had very good things to say about Crypto-Currencies...
He had me rethinking Pocket Change, but after much thought,
I decided on the side of Common Coinage because I'm able to
see it and hold it... Crypto's still confuse me a bit... NIce Post...
@pocketechange

but he don't like steem as currency

Thank you for a wonderful topic. We wish you a beautiful day

Thanks dear for appreciating !!!

Lovely, upvoted!

thanks

Good luck bitcoin!!!)))Only up))

yeah upside is a demand of crowd!!

a lot of wicks on the 15 minute... 1 hour not looking much better

doesn't seem any problem? see chart above

yea, it stalled when I made the reply, but keeps powering up :)