Bitcoin BTC - March 16 Update - Short Lesson and Tips for Traders.steemCreated with Sketch.

in #bitcoin7 years ago


The 55 EMA is one of my favorite indicators. It shows general sentiment in the market by acting as a relevant support or resistance.

We see the 30 minute RSI bearishly diverge, creating a descending triangle. Yes, RSI can be drawn with support and resistances like triangles. This is a very advanced method of RSI analysis.

We see the 45 minute MACD about to cross over, which always tells a story.


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Thanks for a great tutorial

For future viewers: price of bitcoin at the moment of posting is 8269.90USD

For future viewers: price of bitcoin at the moment of posting is $8159.99 BTC to USD

Keep these short lessons coming, great stuff!!!! Thank you.

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Awesome post!! Keep it up and check out THIS POST as well as I have something similar.

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Real deal character.

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