Bitcoin (BTC) Evening Update: The W Price Bottom & the W MACD
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SUMMARY
Here is Bitcoin's (BTC) daily MACD and similar to the 4 hour chart MACD; it too is patterning out a symmetrical triangle. Note the red histogrram...it's been putting in higher lows and that's NOT bearish. The white circle shows the 12 day moving average line (white) beginning to curl up! Do you think the white line will next cross the red 26 day moving average? If so, we could have a potential breakout at the degree of MASSIVE! It's also so close to the apex!
The W bottom can also be made uncanny as shown in the below chart (blue arrow line). Would you be a buyer or a seller at this point?
Remember this line chart? The double bottom is a leading candidate amongst my probables. Watch that MACD for the bullish cross over! Maybe overnight?
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Mid morning here in Asia, @haejin Sweet dreams and thanks for the TA.
Look at STEEM! $2 plus! More to come!
I wish you MASSIVE profits!
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WARNING - WARNING - WARNING - WARNING - WARNING
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is the new charts suggesting that if it goes through certain breakthroughs we will see a new bull run
Very informative, thanks for sharing. I've smashed the upvote button for you!
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keep up the good work
Excellent TA as always haejin....cheers my friend
Good analysis. Come to my blog and check out my opinions! Let's think about various possibilities.
https://steemit.com/bitcoin/@goyapro/bitcoin-btc-update-a-clear-elliott-wave-started-a-target-price-and-price-path-in-the-short-term-medium-term-view
I Hope Btc will Fly To 8000$ Next Week :) .. No One Can Stop Bitcoin ..
thanks your post!
Oky