Bitcoin Trend / No. 511 / Bullish Mode By 2 Patterns

in bitcoin •  7 years ago  (edited)

Time: 1.10 P.M. / GM+2 / 27th Feb, 2018 – Tues.

If you check the weekly chart you will see the below rare pattern.
The market is working on "Bullish VOB".

vob.jpg

To conclude:
The above pattern on the weeky chart and the below reverse H&S pattern on the daily chart, confirm the climb, toward 15K.

123.gif

What about the rest of day !

Bitcoin is currently trading around 10.66K at time of writing and the trend for the rest of day is bullish, supported by:

  • SMA.
  • Stochastic.
  • RSI.

Note; What really boosted bitcoin price was the news that cross-border currency exchange company circle acquired Poloniex.

Support : 9500.00 level (Major).
Resistance : 11000.00 level (Major).

Expected trading for the rest of day:
is between 9500.00 support and 11000.00 resistance.

Expected trend for the rest of day :
Bullish.

Medium Term:
Bullish.

Long Term:
Bullish.

The low of 2018:
5947.00 / IHS Bottom.

The high of 2018:
25000.00 level / Expected.

Thanks For Reading..

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

What You Know About --> Fibonacci Retracement in Trending Market.   

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This bull up there is you, master of all traders, what a calls for 2018 already, geniality in the simplicity, thanks for sharing your gut feelings here.

Happy to hear this..
Thanks for support and nice words..

I should invent Teddy Bull instead of Teddy Bear for my daughter to play with.

Thanks mate for continued support.

Small Teddy Bull Below
stuffed-bull-teddy.jpg

Thanks for the update!

1st one is the best one!!
its too good!!

Bull are back sounds like. It seems BTC does not move drastically up or down as fast as back in Nov n Dec 2017, why?

takes some time before the sharks put all there orders in

This means we are ready to moon right... :)

Can You Believe It!! An Eleven Year Kid Writes a 57-Page Book About Bitcoin...!!!
https://steemit.com/cryptocurrency/@iamvishal/sixth-grader-writes-a-57-page-book-about-bitcoin

141.jpg

first pick is funny..

BY PARTICIPATING HERE EARN FREE CRYPTOCURRENCY!!REQUIREMENTS:
-ETHEREUM WALLET THAT WILL ACCEPT ERC20 TOKENS [ MY ETHER WALLET/METAMASK/MIST] !

AIRDROPS ALERT:
GET YOUR FREE -3.2- DATX COINS HERE @ https://www.datx.co/bounty2/invite/1ktfm3
GET YOUR FREE -20- LEMOCHAIN COINS HERE @ www.lemochain.com/airdrop_en.html#/?invite=3728345
GET YOUR FREE -30- CORBIT COINS HERE @ https://corbit.website/airdrop/uwNbf
GET YOUR FREE -50- OBIRIUM COINS HERE @ https://ico.obirum.com/?r=45384
GET YOUR FREE -100- SYNAPSE AI COINS HERE @ https://tokensale.synapse.ai/r/57695
GET YOUR FREE -1000- ALTA COINS @ - https://goo.gl/YKwNgs
GET YOUR FREE -5000- LUXY COINS HERE @ https://www.onluxy.com/static/spa/app/gridview/luxy_coin.html#/?id=9QOA
GET YOUR FREE 10 AIDOC AIRDROP HERE @ http://aidoc.pro/598761

BONUS CHANCE TO WIN OVER $3000 USD WORTH OF DEVIANT COINS! 2000 PARTICIPANTS! HERE @ http://vy.tc/epnbv85

Really Great Content and thanks for your share..
Good Article....Keep going on and best of luck..

Oh my god, that is very interesting news (circle)!. I have a spot I'd like to get out and get back in but if what you say holds, i've still got a few days.

great 😊 would love to take an entry at about 9600
thanks for your predictions and keep on

I have a question, this is from Gdax and I noticed the EMA lines are running together if you look at it on the monthly chart. On the weekly they come closer together and cross. Could you give me any insight on that?

Screenshot 2018-02-27 06.09.15.png

Thank you for the information, how useful it has been for me

Thank you for collaborating with me to promote this post as explained at https://steemit.com/steemit/@jerrybanfield/10-ways-to-fund-a-steem-growth-project.

good inspiring....thanks.

Bull back into the game with single move reach new highs :D

@lordoftruth Excellent analysis friend and thanks for telling us nice support and resistance level's for today's trading, Stay blessed##Upvote/Resteem###