Bitcoin Trend / 29 - 01 - 2018

in #bitcoin7 years ago

bitcoin.png
 Expected trading for today is between 10700.00  support
and 12900.00 resistance  

Bitcoin price moved higher and is trading above 11000.00
to open the door for more gain above 12000.00 level and a
solid support base was formed above the 10200.00 level.

So What Next!


ooo.jpeg

292.jpeg

  • Bitcoin price now is around 11500.00 / the fear zone/. The trend is bullish and most of the professional traders are expecting a strong rebound from the current price level.

  • Bitcoin price will appreciate in value over the next few weeks, as multiple hedge funds are currently looking at these futures contracts in a positive light.

  • Technical indicators signal that buyers have the upper hand and bitcoin price might move towards 12400.00 level.
    4-hours MACD in the bullish zone.
    4-hours RSI above the 50 level and is moving higher.
    The price now is above the EMA50.

  • Breaching 12400.00 level and hold above it, will push the price towards 12900.00 level.

  • Note; Breaking 10700.00 level and hold below it will cancel the bullish wave and will push the price to re-test the low of year at 9300.00 before any new attempt to raise.

Expected trading for today:
is between 10700.00 support and 12900.00 resistance.

Expected trend for today : Bullish.

Source

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

DQmNjXCjB4XYdyx2SuvjAGovFRWaUojfTxLGh5AFX2F5MbM.png

Sort:  

This post is very knoledge ful an thanx for share the post

Thanks for staying us updated regarding bitcoin, it is really helpful for me in day trading, keep posting nice bitcoin updates friend, Stay awesome

hey so nice I really like your post! Thanks for it! I actually wrote my 2nd part of my introduceyouself and I write about that I went to jail because of cryptos... lets make steemit together to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures? Maybe you upvote me and follow me swell as I do? https://steemit.com/counterfeit/@mykarma/2-jail-review-counterfeit-euro-speeeeending-time

let me ask you :)

how do you predict about bitcoin in 2019 whether it will be higher or will decrease?

thanks for your advice.

Thanks for sharing this post, very informative

How do you calculate support and resistance?

thanks atas informasinya

wow great blog👌👌👌👌.i apricate your post.
thanks for sharing.
carry on
lordoftruth...

Thank you for the dailly signal :)

so informative post

Good advice and very carefully framed. My one nitpick is that I think that $100k-$250k would not imply that fiat is becoming worthless or the prevailing economic regime has completely fallen apart. That's only a ~2 Trillion Market Cap still far less than gold and the rise of gold certainly hasn't made fiat worthless. I think you would be talking a price of well over $1M before you are really seeing any real loss of trust in fiat having an impact of the exchange rate. @lordoftruth

interesting article

This is so useful to me. Thank you for the information

Thank you for your predictions based on some technical analysis, I have been following up on your past forecasts of BTC daily range and they have been so reliable. Thanks @lordoftruth for the hard work.

That breakdown you gave seems logical enough.

great post. bitcoin is king.thanks for sharing.

Good post, I like your post

Thank you lordoftruth for making a transfer to me for an upvote of 5.46% 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?

Great post...
Thank's for sharing...

This post has received a 4.76 % upvote from @booster thanks to: @lordoftruth.

The bank that was first against Bitcoin and Cryptocurrencies: "JPMorgan Changes Stance: Bitcoin Could Become the New Gold" - http://bit.ly/2DT7KQy

Nice post. Can bitcoin drop to $0?

got a slight pullback from the trend

Seems like we are clawing to stay at 11 today. Hey Im happy if Steem can hold 5.