BTC TA

in technicalanalysis •  7 years ago 

As expected 3 days ago the market has bounced from $1790 target and now is heading to test previous strong support @ $2255. If it gets enough momentum it may even test $2377-87 area of 1D 34 and 89 WMAs confluence (yellow and brown) where I expect it to be rejected.

All numbers are based on the xBTCe pricing. More liquid exchanges are $20-50 higher.
https://www.mql5.com/en/charts/7355852/btcusd-d1-distel-enterprises-co

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@srezz very happy you made the move to steemit. I'm following you and upvoting your post. I look forward to more of your spot on TA

I'm going to follow you mate, you are a hero!

Thank you, guys. Still figuring out how to do things around here. Perhaps you can help me. I'd like to make a head post where I'd explain my charting technical background and I'd love it to stay always on the top.

Keep up the good work :) avoid the retards, and everything will be good

Would you have BTC through this period - or put it in something else?

I'm always CC neutral. In and out.