Bitcoin technical analysis
Hello Steemit once again!
I know I haven't been around to share my wisdom for quite a while now. But I am back and there is a reason for that. Crypto-currency market has been in decline so there wasn't much else to say, than just to HODL Bitcoin. But the market is changing and the last two weeks have been interesting both for Bitcoin and altcoins.
USDT-BTC 1D Bittrex
Bitcoin about to go up!
USDT-BTC daily shows a resistance line around $8250 and trend-line coming from mid September that works as a support. Ascending triangle is completing as we speak with price target around $9500. I know that yesterday was a daily 9 (Tom Demark Sequential) for a Tone Ways favorite indicator and many have been saying that Bitcoin has topped for the year. But weekly chart is still on the 8 (Tom Demark Sequential) and I have a strong feeling that this one is not breaking downwards and the price breakout is imminent. So I would suggest looking for a good timing to take profits on the top and buying the dip after the pullback.
Altcoins
Don't have enough time to do proper charting and price targets, but I went trough top 10 market cap altcoin charts and I have to say that Ethereum, Litecoin and Monero look bullish. There are many good trades to be made this and next week for sure. I will try to make some time tomorrow to do another post with technical analysis on them. So stay tuned!
Previous posts
- Bitcoin technical analysis after August 1st: https://steemit.com/bitcoin/@eviljedi/bitcoin-technical-analysis-after-august-1st
- Ethereum Classic technical analysis: https://steemit.com/trading/@eviljedi/ethereum-classic-technical-analysis
- STEEM technical analysis: https://steemit.com/trading/@eviljedi/steem-technical-analysis
- Bitcoin Cash (ViaBTC) - User Activated Hard Fork (UAHF): https://steemit.com/bitcoin/@eviljedi/bitcoin-cash-viabtc-user-activated-hard-fork-uahf
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DUDE.... seriously....everyone and their mother knows BTC is going up after a major crash. NOT original IMO nor is it insightful....it's common friggin sense.
BY THE WAY, telling people to hodl and advising them are 2 different things. I'd suggest you add in your posts that you advise people to do so, unless of course, you are a professional broker and everyone here is a client. YOU CAN NOT TELL PEOPLE TO MAKE DECISIONS OR YOU ARE LIABLE FOR THEIR LOSSES, SIMPLE AS THAT. Not only was this post completely unoriginal and the damn near exact replica of another of 500 floating since the crash, it was directly telling people what to do and not advising them. Please create better, more original, and less "demanding" material. Though you are a talented blogger, you need to hone your talents and try harder.
What have you been smoking?
There is no law that makes me liable for any losses caused based on my suggestions, SIMPLE AS THAT. Where was it exactly?Doesnt matter man, im not here to argue with you i was simply giving advice. judging by your attitude, you are not one who is open to constructive commenting, therefore ill just leave it be.Good luck with your future work on steemit.
And these were the parts that weren't advice. Instead you presented them like facts. In my opinion they don't stand any ground so my questions were just on point.
It is you who doesn't provide any constructivity to the conversation by misrepresenting facts and changing the subject whenever questions are asked.
No, I just know how uptight folks get on here, so I choose to just leave it be based on your initial response. As I said, good luck and good day sir.
Whenever you tell someone that they can't do something, it is better to present a reason so you don't sound like a douche. Other than that good luck mate.
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