Bitcoin Technical Analysis [03.20.18]

[maxsteem]

Bitcoin went up from below 8k to now $8500. We will have to wait if this trend will continue. Target H: $9000 L:7500

NOTES:

1. This is not financial advice so please do your own diligent before investing
2. Never invest more than you can afford to lose
3. Technical Analysis is not pure science
4. Market is not something that can be predicted accurately because of the behaviors of investors

Theory:

Technical analysis employs models and trading rules based on price and volume transformations, such as the relative strength index, moving averages, regressions, inter-market and intra-market price correlations, business cycles, stock market cycles or, classically, through recognition of chart patterns.
In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
https://en.wikipedia.org/wiki/Technical_analysis

Comments

[wawanhar]

thanks for your TA info, i hope it will be breakout soon at resistance line when the price hit above 12k.

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[maxsteem]

Thx buddy

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