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RE: BTC 18 Jan - Medium to Long-term forecast updates

in #bitcoin6 years ago

For this analysis, I can also add a large number of lines, coming from several important maximum prices, such as the ATH of 2017 and 2018, which have lines to break from next January 20 and with a positive attitude apparently. If we break them, we would get much closer to other lines of lesser time, which belong to the maximum prices of last year per month. I dare say that if all these were broken in a span of 2 weeks, we would see btc with candles, like Steem today.

But nothing is also safe, I still worry about the time we have to consolidate over the EMA 40, plus the failure a few days ago to try to pass the MACD line and how complicated the resistance has become in 4000 $

Good luck, regards!

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Okay -

maximum prices of last year per month

is where you lost me!

I wouldn't worry too much about short and medium term EMAs. You'll have to be a little more specific about the MACD settings but I assume you're referring to a crossover on the daily? In that case I would say that it was a little early to expect a cross on the 19th (when it came close), but that it will quite possible still happen within this week.

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