BITCOIN - POTENTIAL UPSIDE, RESISTANCE ABOUT OT BREAK?
Bitcoin -1.73% is on the bullish side today, the graph shows that the price will consolidate between the blue rectangular box until a breakdown or breakout. In this case, it is more likely that we are going to see a breakout rather than a breakout down (further indicated below by the MACD & RSI ). We have two resistance points, one coming diagonally and the other being horizontal, once we break through the diagonal resistance, we should head to the second one in which be a confirmation for a breakout!!
Link to Chart- MACD - Look to begin continuing the crossing upward right now.
- RSI - Still in the lower ranges which leaves space for upward movement.
- Orange - Resistance.
- Pink - Support.
As always trade the lines accordingly.
Bitcoin is Gonna Move Well by next 10 days sideways , unless a big news comes , you should have a look to my chart too( posted an hour ago ) #JustSaying
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BTW followed you , i liek to follow like minded peopel learn more from them :)
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is sure will!!
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no problem!
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Maybe is really end of this ranging regime Bitcoin had in last two weeks!
My last analysis: #25.
p.s. My work of past few months to be shared with All Steemians please resteem and let it be of great use TFDSRE: #1, #2, #3.
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Good analysis thanks,looks working
Im waiting for the real result
You also can check my blod its not about crypto but you may like it
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No problem & thankyou very much!!
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I love technical analysis thanks!
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Anytime bro haha, give me a follow if you havent already.
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Nice technical analysis.
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thank you very much!!
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