Technical indicators suggest a continuation to next target at 5500.00..
So What Next..
Expected trading for the rest of day is between 4760.00 support and 5500.00 resistance.
Stochastic shows clear positive signals and support the bullish wave..
100 SMA is above 200 SMA so the uptrend is more likely to continue than to reverse..
EMA50 support the bullish trend..
Breaking 4760.00 and hold below it will move the price to $4600.00
(38.2% FIB ) before any other attempt to raise..Holding above 4535.00 support the continuation of the bullish wave towards 5500.00, but breaking and hold below it will cancel the expected raise..
Expected trading
for the rest day is between 4760.00 support and 5500.00 resistance..
Expected trend for the rest of day: Bullish..
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BTC at $5500! Yeah it can be there! Great analysis friend!@lordoftruth,
Cheers~
I drew the below diagram 6 months ago ..
This was my expected target ( 5500.00) 6 months before..
I think everyone understand now why I put it on all my posts of Bitcoin Trend..
Now we are so close to it..
The problem now , What next !!
My point of view soon around 5500.00 level, profit-taking will be in the cards soon..
Wow you are amazing! It passed that level :D@lordoftruth,
Cheers~
wonderful
amazing right! and price now, wooow
It's rising, slowly but surely.
There might be a correction soon, but it will resume the upward trending soon afterwards :)
everything looks positive now :D
That is a real push to prove Bitcoin as the biggest whale amongst dolphins and minnows. Go on bitcoin, go.
wow fantastic technical analysis my friend, btc is looking so strong and if the total no. of users continue to grow, i am sure we will see 8K btc soon. thanks for sharing
i think it will be 10000$ in max 6 monthes
and thank you so much for sharing it
followed :)
img credz: pixabay.com
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Thank you @lordoftruth for bitcoin trend midday update..
Great midday bitcoin trend updating. Bitcoin rallied sharply to breach 4980.
Thank you for sharing
Bitcoin is going off the roof ;)
@minnowpond1 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.
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To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memoThis is good news, I am not sure if I should buy a new GTX 1070 to mine or just use the money to buy Bitcoin, what to do?
Another good day for trading.
Nice post @lordoftruth
amigo #resteemia at your service
excellent analysis report & impressive work @lordoftruth
ReSteemia
'UpVoted ReSteemed Commented'
yes...bitcoin is going to reach 5500.....
good luck!!!
@mrainp420 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.
To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memoGreat post, again,! Thank you for what you're doing. Upvoted @ 100% my friend. Keep up the good work.go ahead.we are with you all time.best of luck
I see no charts. Here's mine: https://steemit.com/main/@az-charts/indexes-and-commodities-spx-to-2700-hang-seng-to-30k-dax-to-13-3k-gold-possibly-to-1360-oil-to-70usd-per-barrel
good post