Bitcoin Trend / 19-09-2017

in bitcoin •  7 years ago  (edited)

bitcoin.jpegf.jpeg

 Expected trading for today is between 3700.00  support and 4236.00 resistance.  

All of us know:
The decline of bitcoin price was stopped at 61.8% Fibonacci correction level and formed solid support at 3033.00, and Bitcoin price after the bearish correction to 3000.00 level, back to the main bullish trend, moved upwards strongly and breaking 3776.00.

So What Next ..

19.jpeg

  • After the bullish rally, bitcoin start to show some bearish correction after it faced solid resistance as the above chart and trying to test 3776.00 level..
  • 3776.00 level represents 38.2% Fibonacci correction ( for the rise from 1800.00 to 4980.00)..
  • The price must hold above 3776.00 to keep the bullish trend..
  • Breaking 3776.00 level and holding below it will cancel the bulish trend..
  • Breaking 4236.00 and holding above it will push the price to 4980.00..

Expected trading
for today is between 3700.00 support and 4236.00 resistance.
Expected trend for today: Bullish.

Source


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7 years ago by

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    • [-]
      ·  7 years ago 

    Good job.
    Thank you for this analysis.

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    [-]
      ·  7 years ago 

    I agree with you Superb analysis.

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    [-]
      ·  7 years ago 

    Totally agree with you! Great and genuine analysis

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    [-]
      ·  7 years ago 

    @lordoftruth,
    Actually I am still thinking how could you do that! More than 98% accurate market analysis! Wow this is absolutely brilliant work my friend! Thank you very much for sharing such great daily report with us!

    Cheers~

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    [-]
      ·  7 years ago 

    Congratulations @lordoftruth
    MinnowsPower listed your post "Bitcoin Trend / 19-09-2017" as one of the top 10 commented posts of the day...!!!
    One of the best BTC market analysis report you shared.

    MinnowsPower is not a bot, I am a Crowdfunding Hybrid
    One small UpVote of Yours build MinnowsPower and MinnowsPower will Not Forget Your Support...!!!

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    [-]
      ·  7 years ago 

    yes i agree with you.

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    [-]
      ·  7 years ago 

    that is pretty good analysis ,Hope it goes that way :)

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    [-]
      ·  7 years ago 

    Definitely bullish today, good predictions!

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    [-]
      ·  7 years ago 

    Up and down, indeed it is bullish. Thanks for the analysis @lordoftruth!

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    [-]
      ·  7 years ago 

    great analysis my friend..
    thanks

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    [-]
      ·  7 years ago 

    yes i agree.

    For your post propagation.
    Upvote/Resteem

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    [-]
      ·  7 years ago 

    I agree. Great graphic for BTC chart . thanks @lordoftruth

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    [-]
      ·  7 years ago 

    i agree with you. Best analysis. thanks for your posting
    100% like and resteem

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    [-]
      ·  7 years ago 

    Yes I agree

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    [-]
      ·  7 years ago 

    I had a similar prediction. View the day chart with a 100ema + top trend line from may.
    https://steemit.com/bitcoin/@michael.collett/bitcoin-price-prediction-and-analysis-19-09-2017-20-09-2017

    What are your thoughts?

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        ·  7 years ago 

      This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

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          ·  7 years ago 

        This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

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          [-]
            ·  7 years ago 

          This growth is very welcome and we enjoy it! Thank you for sharing!

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            [-]
              ·  7 years ago 

            i hope it pushes the price to 4980.00

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              [-]
                ·  7 years ago 

              I always respect your ideas about this platform......

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                [-]
                  ·  7 years ago 

                Great job

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