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

in #smartcryptotrader8 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

That’s a pretty good analysis. Hope good will come and our pockets would be filled ;)