RE: Bitcoin Is Up For Grabs? Should I Buy or Quit and Sell All?

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Bitcoin Is Up For Grabs? Should I Buy or Quit and Sell All?

in bitcoin •  7 years ago 

You did a good job,
On issue of going down of bitcoin and altcoin , what is going to be their result soon because i expected it to go up by now.

bitcoin
7 years ago by

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      ·  7 years ago 

    We are having a very strong bounce. The short term 1 hour and 2 hours charts time frame are looking strong. The low was $6,000, we are sitting at $7,500.

    The longer time frames still need more time to develop and reflect this bounce that we are having just now, but the MACD on the 4h chart is also about to cross over trending up, with plenty of room for growth of course, since we are at the bottom of this correction that we have been enjoying.

    Let's take a look at the charts just for the fun of it...

    1h chart:
    btc1.png

    2h chart:
    btc22.png

    4h chart:

    • Look at the MACD, it is crossing over.
    • Also look at the RSI, it bounced for the 3rd time in a few days from the oversold line in red.
    • STOCH is also clearly trending up!

    btc3.png

    These are short term movements and signals, but it is always fun to post an update when Bitcoin goes up. :)

    Please vote and resteem if you enjoy :)

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        ·  7 years ago 

      Thank you for your support. The market will be here together once this process is complete.

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