I'm Here to Serve Steemit

in introduceyourself •  6 years ago 

I created this account one year ago but this is my first post. I will bring you actionable trading insights and market moving info. If you have a particular market you would like me to do a breakdown on (leave a comment) and I will try to get to all of them. Now let's take a look at bitcoin and see where it might be headed.

IMG_3496.jpg

Notice on the daily chart how the price penetrate the lower band while at the same time Stochastic & RSI are oversold.
Also notice that Stochastic is diverging while oversold (very important) point.

                   Now let's take a look at the weekly chart

IMG_3505.jpg

Stochastic is well oversold but RSI is (not) and unlike the daily chart the price has not touched the lower band.
For a powerful sustained move up the trader would like to see both RSI and Stochastic oversold with the price penetrating the lower band. Therefore the middle of the weekly band (8000 area) could act as major resistance.

Trader's View: I expect the bitcoin price to rally up and test the 8000 level

Hit the follow button I will be calling live margin trades for quick profits.

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nice to meet you.
it's great to have someone like you explain all this stuff to the majority of us who don't know what these charts mean.

greetings, thomas

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Good afternoon!!!! Welcome!!

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Welcome to Steem Community @thomasbarnesiii! As a gentle reminder, please keep your master password safe. The best practise is to use your private posting key to login to Steemit when posting; and the private active key for wallet related transactions.

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Welcome aboard TB3! You are in the extreme minority of people that work in your industry and have seen the wisdom in getting involved here. I wish you the best of luck and feel free to ask questions to anything steem related I am always happy to help!

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nice to meet you.
it's great to have someone like you explain all this stuff to the majority of us who don't know what these charts mean.
Followed you,follow back.

Hello! I followed you, let's increase the power of Steemit together! I hope you follow me. I'm always glad to have a new acquaintance with good people! ;)

Welcome and thank for your analysis and we are hoping for some upward movement.

It is nice to see that you joined steemit. Welcome on board. It seems that you have already created something that is useful for our community. I encourage you to provide us with as much information as possible of such type.

Welcome to Steemit Thomas
I saw your #introduceyourself and its nice to meet you.
Blogging thats what its all about on this blockchain. The best part is that you could earn money too.💴💸💰
I never blogged before I just write.
But be carefull with all your passwords, Never give those up !!
For safety tips visit https://steemit.com/steem/@verhp11/safety-first-first-aid-kit-for-steemians-who-are-just-beginning-this-great-journey from Our fellow steemy @verhp11.
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Your value and input is appreciated!
Greetings from Brittandjosie from the Netherlands

Welcome to steemit