Bitcoin Trend / 09 - 01 - 2018

in #bitcoin7 years ago

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 Expected trading for today is between 14200.00  support and 17000.00 resistance  


Bitcoin volumes have taken a significant hit on increased regulation
in South Korea and the traders appetite for altcoins, the last days!


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A Picture is Better Than One Thousand Words

So What Next!

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  • Bitcoin price now is around 15200.00 and hold well above 14400.00 support again to resume positive attempts to hit the first resistance at 15400.00.

  • As long as the price stays above the 14200.00 level, the trend is bullish.

  • 100 SMA is still above 200 SMA so the climb is more likely to continue than to reverse.

  • RSI indicate the price might climb to 15400.00 level and above it.

  • Stochastic indicate bullish momentum.

  • Breaching the first resistance at 15400.00 and hold above it will push the price up towards the start of buy zone at 16400.00 level.

  • Note, Breaking 14200.00 level and hold below it, will cancel the bullish wave and will put the price under negative pressure towards the start of fear zone at 12400.00 level.

Expected trading for today:
is between 14200.00 support and 17000.00 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.
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bitcoin looks bullish as it is right now i expect it to rise above 16k by the end of today

It's interesting: when the price goes up, nobody wants to sell because they think the price will keep going up. They also don't want to buy because it seems "too expensive."

But as soon as the price dips a few percentage points, people can't wait to sell. And they don't want to buy because they see the dip as a sign of weakness.

When in fact, if people did the opposite of their gut reaction, they'd end up making more money!

I know this all too well...

Im HOdling ! Thanks as always

Incredible articles :) nothing to say


It's intriguing when the cost goes up, no one needs to offer since they figure the cost will keep going up. They additionally would prefer not to purchase since it appears to be "excessively costly."
bitcoin looks bullish as it is at this moment I anticipate that it will transcend 16k before the finish of today.Mr.@lordoftruth

BTC is a great way.The earliest way to get rich and not just make money with crypyo is to buy BTC and hold for year or two..........

The price is known as staggered
But Adan will play between 13k and 18k this month
An excellent opportunity to make small and quick deals with you, Champion
I wish you a happy and beautiful day

great information about bitcoin amazing post thanks for sharing carry on

Btc news. Expecting great outcome

amazing, i like your post @lordoftruth..

Thanks a lot for sharing and discuss
About Bitcoin.
I think this time bitcoin some things demotion .
But some time after increase bitcoin .

Thanks for sharing news feed of bitcoin .

Carry on dear...

a very good post for the month and year this year, please post my blog for a while, let me resteem your friends post

I think most of us knew that, but there are rare who really talk about it. I mean... if you go on a drink with a friend, you don't talk about Rothschild and politics. Central banks desperately attempt to create their own Cryptocurrencies as US Dollar crashes

I believe today, as well as the next following days, will be a sight of bullish and bearish runs for bitcoin and other alt coins. The bull and the bear still fights and we are yet to see who wins in the longer run! A battle power of stamina for these to animal-reference.

bitcoin looking very nice.it is very valuable.every people like this bitcoin...
sometimes its value runs ups and douns.everyone know it..thanks for your informative post.

Fantastic and excellent post friend contribution for comment for support

good cryptonews

"A Picture is Better Than One Thousand Words" I like it! It makes a lot of sense.

This post has received a 3.02 % upvote from @booster thanks to: @lordoftruth.

Very interesting information ,, I always support and follow you ..
thank you very much @lordoftruth

coinmarketcap yesterday made huge up and downs

nice pic
thanks för sharing

why not upvote my post

I really love your these bitcoin analysis. Will be very happy if you also start doing the same for steem and SBD.

still bullish in behavior where it is heading

Seems like the run is running out of Steem, so to say.