Bitcoin Chart Analysis , I'm Sure you Don't Wanna Miss this one *Important

in #smartcryptotrader7 years ago (edited)

Hi Steemit Fellows !

As always i posted everyday Bitcoin Chart Anaylsis fro you Guys so you don't get left behind with the Market this one is important to understand and Know.....

If you been following me i shared yesterday Bitcoin Broke 50 M.a (moving average Daily which is not a Good Sign At All )

Look at This chart and Read if you can't Zoom in
USe this link : https://www.coinigy.com/s/i/5a5982e9568d9/

We Really Need to Break that by Next 4 to 8h $14500 and close up 4h Candle ......RSI needs to break 50 level too up as you see in the bottom

Edited : i forgot to mention MACD 4h is Bullish too and we have few Bitcoin news and forks , that may help ;)

If We Break that down we can see $11k but the chances are lower and there are many trend line getting support between 10 to $13k to give bounce and support

Hope this was helpful and you get the point

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Good analysis bro!!!!
The chart and your presentation gives us clear explanation of what bitcoin going through today market.
By 15 January 2018 the market will be bullish again... ☺️

Yeah few forks upcoming btw Thank you so much for your support :)

Its good thing to keep an eye on btc ,because we know any movement in btc can suffer alts a lot.

Agree that's why i'm always aware of bitcoin and take action in alts when needed :)

Yes looks strong

it is very important to keep an eye on bitcoin every single minute in pump&dump situation ;)
good analysis

Thanks for the support pretty sure it will 😊

Hope is the onky thing right now 😉

good information as always :) but i think btc will pump again :) what do u think

Hopefully it will Thanks for the support 😊

You can also check on 1day chart.
It show bull flag now.
If support strong, soon will pump.

So far 1day didnt had too much info so i went with 4h and yes it looks good

Thanks Arslan for sharing this post about Bitcoin chart analysis

Yes, currently it is looking good to go up, hopefully it will stay afloat above 14500 level to build its strength so that it can slowly start its 2018 journey up
Keeping all my fingers & toes cross. Thanks for your great posting

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