Bitcoin Trend / 22 - 01 - 2018

in #bitcoin7 years ago

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 Expected trading for today is between 10700.00  support
and 13400.00 resistance  


Bitcoin price try now to test the support 11100.00 but
stochastic shows positive signals to motivate
the rise towards 12600.00 / 38.2% extension,
followed by 13000.00 / 50% extension.


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So What Next!

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  • Bitcoin price now is around 11400.00 on the fear zone but technical indicators indicate a pickup in bullish pressure that might move the price towards 13400.00 level / 61.8% extension.

  • RSI indicate that buyers have the upper hand.

  • Stochastic is on the move up to reflect bullish pressure.

  • More positive updates in South Korea regarding the operation of bitcoin exchanges support the bullish wave.

  • Note, Breaking 10700.00 level and hold below it, will cancel the bullish wave as the bullish trend will remain valid unless clear break below this level.

Expected trading for today:
is between 10700.00 support and 13400.00 resistance.

Expected trend for today:
Bullish.

Source

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I think most of bitcoins movements are based off of regulation news from around the world right now. It obviously needs a break after the huge run it had and for now I suppose it can rest for some time before it builds up enough pressure for another moon shot.

was hoping it would pass the $13000 over the weekend but yesterday was a red market day and it failed to crossed the resistance line, hoping this week it will go bullish

Your posts always amaze me.
Every time i see your post, i always feel happy and happy.

Daily Learn some new from your post. Love to read it.
Great stoy and good writing.i like your post and upvoted.
I enjoyed reading your post. There is a lot of good stuff.
Thank you for this article.

@lordoftruth wow sir great article bitcoin promote help you are article thank for shear

What do u think about sbd? will grow??

Yes, sbd first and than steem usually follows soon after SBD.

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Nice article i hope this week it will go bullish

cryptos are future

Having high hopes from Bitcoin.
Patience and cautious trading is what is to be followed.
Such blogs will always help in keeping updates and still holding my hopes up.
Thanks.

your price prediction is so close...........thank for sharing

Bullish always sounds good to me

This paper is very useful for me, because then I can know the price of bitcoin and so on. Thank you guys are willing to share with us, happy to be friends with you.

Thanks for the information @lordoftruth, maybe if i keep reading your post i will fully understand issues relating bitcoin and cryptocurrency.. Cos at the moment i still get confused. So keep it coming bro.

Some of the information was unknown thanks

Bitcoin is one of the biggest opportunities since the invention of the internet itseif....great times to be around..............................

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good one. thanks for your valuable post

I believe in crypto coin market...bitcoin is showing resistance at 10000$ so now its time to collect some of them because once the rally starts then we wont get such oppurtunity again .......Nice post @lordoftruth

I was really thinking we would see the $9500 range one more time, but longer it goes since the last time the less likely that is IMO. The charts are great and I rely on them, but emotion of the masses has changed from fear to a place of that was the bottom and now good things will come.

Think we are now done with the sub $10k prices.

this post is very helpful and I will continue to study like your post to add my knowledge about bitcoin market? sorry my english is not fluent

the price will sky rocket soon the indicators looks great :)

Nice post! I am new on Steemit and I want to learn to post like you.

This post has received a 4.91 % upvote from @booster thanks to: @lordoftruth.

Thank you @lordoftruth for making a transfer to me for an upvote of 6.54% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

interesting trend for today thanks for sharing :)

bullish is what we love in bitcoin lets see this happening :)

slight of bearish moment right now i think

 7 years ago  Reveal Comment