Bitcoin Trend / The Buy Zone
24 hours ago, a new high formed at 11160.00 from where the price started correcting lower, as I expected in my last post, Natural Rollback To 10K. New support was formed at 10150.00. This support is very important because was a resistance earlier and it is located in a good buy zone
( 9700.00 - 10150.00).
Expected trading for today is between 9700.00 support and 12000.00 resistance
Bitcoin price now is around 10450.00 level and the trend for today is bullish supported by EMA50 and stochastic positivity.
The pull back might lead bitcoin price to re-test today, the support 10150.00 and I believe the range 9700.00 - 10150.00 is a safe buy entry.
From the range ( 9700.00 - 10150.00), bitcoin price will start to move toward 11160.00 followed by 12600.00 level ( Natural Progress)
supported by :
EMA50 and stochastic positivity
4-hours MACD
4-hours RSI
- After the new bottom that was formed at 5947.00 ( 200 DMA ) the price was tested yesterday the 11150.00 ( 100 DMA ) and the bullish momentum will try to lead the price to 12600.00 ( 50 DMA ).
Expected trading for today:
is between 9700.00 support and 12000.00 resistance.
Expected trend for today :
Bullish.
Medium Term:
Bullish.
Long Term:
Bullish.
The low of 2018:
5947.00 / H&S bottom.
The high of 2018:
25000.00 level.
Perhaps we are now in the last days ever, when one could get 1 BTC for only 10k :-)
So cheap ....
On the other hand, there are a lots of resistances between 10k and 20k.
So nobody should expect the next rallye too early. All what we are seeing now is a very healthy consolidation. And the longer it takes, the better for building a solid bottom.
HODL!
Well said..
Steady and healthy consolidation..
bullish pattern time to do some trade your post's are very good :)
Amazing and interesting post.
i love to follow and upvote you because of your interesting content.
Keep going. Good LUCK
thanks for sharing and perfect time
Thanks for the post. Wouldn't it be nice if BTC dipped just a little below $10,000 for one day, so that we all can buy some more :)
it will dip to below 8000 again soon, Third wave is coming.
Useful and informative post thank you for shareing bitcoin blog dear friend
naw bitcoin price =$10772.70
resteem
Bitcoin peak shows that it will go up but Some time it will low as compared to last year can you have any anlaysis that BTC will go up to top or not like last years ????
Great time still to own a bitcoin this is going to go all the way up
Thanks for today's trend patterns
i do not understand about bitcoin but will study it.
I will always support you at all times.
Your posts are always interesting to follow.
I will give my voice though very little.
Good job @lordoftruth
The trend of bitcoin will always be bullish...