CryptoKraze Technical Analysis
Possibility on 30 Minutes Chart
If you look at the 30 minutes chart, you will see that a bullish divergence has formed because price has made lower lows and RSI is making lower high, which mean blue lines are going opposite direction. RSI has gone below 30 level and now moving nicely above 30 level, so I am expecting it to go even higher. Price has touched the lower bollinger bands and now it will move up nicely. I have taken this trade as a scalp to make some quick profit.
- I have a buy entry at $660 with my profit target will be around $760 or above.
- Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose. Bitcoin unexpected move will make this analysis void.
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True. Lee who is a bitcoin analyst actually brought his forecast that by the end of 2018 bitcoin will be worth $25,000 which means a big push for those that had patient not to trade their bitcoin for this current slight upward movement in its value. And why its sure is that,few big nations like Germany,russia,japan...have been using bitcoin for trade and tending on legalizing it as a legal tender and sure there was a post i commented on yesterday,on the chart table of bittrex martket trade,bitcoin is topping the chat meaning alot are involved in it..so investors should go in for bitcoin now its way available at a price they can be bought because 3months from now,it will sky rocket. Follow up my last 3 comment and yoy will see a statistical analysis on 2015-2018 bitcoin movement. Thanks for this information @cryptokraze
Nice post. Good information
thanks for your informa
well information in bitcoin ...... keep it up
Nice post