It's up in the air

in bitcoin •  7 years ago 

https://cryptoravness.wordpress.com/2018/03/19/its-up-in-the-air/
It’s been a while, been looking at charts casually as the discord debates whether or not It’s bullish or bearish.

https://www.cnbc.com/2018/03/19/kevin-oleary-new-york-city-hotel-hopes-to-launch-400-million-dollar-coin-offering.html

Coin: Bitcoin/USD

Timeframe: 4 hour

Verdict: Slightly Bullish (Overall Potentially Bearish)

Reasoning: One of the reason why I say its slightly bullish due to it breaking out of its falling wedge. I was at work I was telling everyone that it won’t break 8.2k, or at least have a strong resistance there – it went 8.4k, so I’m feeling rather confident about it. Now I’m seeing a potential Bullflag so the price of 8.6k isn’t out of the question. Probably won’t hold my breath for a potential 9k area, but that’s just my opinion. Since we’re still in a downtrend overall, we can still see prices go down. Read below for my reasoning
https://www.tradingview.com/x/YEkBVZhA/

Timeframe: 24 Hours

Verdict: More of the same, Bear on the 24 hour until we break out

Reasoning: So if your “Bull” I give possible prices on what the price might be, and its around $9 – 9.4k. Of course if it does go that way, it’ll break out of the 24 hr Downtrend I’ll give it another week for the price to play around. Support Levels at 7.2k and Strong support at 6k
https://www.tradingview.com/x/YfHTDQSd/

https://www.tradingview.com/x/KfJ9gfnk/

Based on the TD indicator, it’s been on the Red 9 so going to the 13th, we should’ve went up by now on the 24 hour.

As for me, I’m not really trading, more of the HODL gang.



Follow me on social media

To start trading Bitcoin using fiat: http://bit.ly/2FpEBcY

To trade Bitcoin up to 100x leverage: http://bit.ly/2CTNIkh

BTC (Segwit): bc1qtrd48hmqzgmk89umyrz6rzx453zfdycqk3fdja

ETH: 0xF973bd1aD91B22bc00c3a1D8c5Dd3cc901cf1E88

LTC: MDk8qddjVJowZHuvr1hw7T3uKDMytE353A

DISCORD: https://discord.gg/ZkPZpxC

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:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cryptoravness.wordpress.com/2018/03/19/its-up-in-the-air/