RE: Bitcoin Rebounding? Is the $11,400 area the new floor?

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Bitcoin Rebounding? Is the $11,400 area the new floor?

in bitcoin •  7 years ago 

Interesting analysis though I'm not normally into subjective TA but always curious what people think. Short term I'm bullish on BTC (and long term but it will have its ups and downs) as seen from my data below. Check this out if it interests you: https://steemit.com/steem/@weilii/introducing-the-neux-oracle-steem-and-bitcoin-trade-signals Just started following you, would appreciate a follow back if my price analysis content interests you as well :)

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Interestingly enough. Price crashed right after I posted this blog.

https://www.tradingview.com/x/wffmbh9n/

This will put my support level of $11,400 to the test. We should have a better idea in the next 12-24 hours. Need the cloud on the one hour chart to hold support. Currently having trouble with the 50 hour SMA holding support.

Thank you for the follow and I have followed you back. I am interested in your article and will take a look at it.

Thanks for sharing!