Bitcoin Price Mini T.A. 12/31/2018
Current Market Cap: $125.59B(-$4.67B in one day) Bitcoin Dominance: 51.9%(+0.1%)
*
Today I'm using three different trading tools and indicators: Bollinger Bands, Stochastic RSI and MACD.
Bollinger Bands show we are below the moving average ($3,760). High ranges at $3,830 and low ranges at $3,690.
Stochastic RSI indicates oversold conditions (< 1).
MACD shows we are below the Zero Line and the histogram is negative.
Price Targets:
Entry $3,100- $3,750
Exit $3,850- $4,600
As the year end approaches for the rest of the world we can only sit and wait for what 2019 will bring. Many Bitcoin holders are optimistic for what is to come over the next year as adoption and development slowly plods forwards.
The volatility in the market is presenting a fantastic opportunity for those who are adept at day trading.
With ranges remaining relatively stable between $3,500 and $4,000 for the past week what can we expect going into this new quarter?
One thing is for certain- Bitcoin did not die and it is here to stay so be prepared for a comeback (eventually).
Check Out My Last Bitcoin Post:
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-mini-t-a-12-30-2018
Feeling Salty About Missing The Crypto Boat?
https://steemit.com/bitcoin/@hotsauceislethal/how-to-conquer-fomo-fear-of-missing-out
Need A Good Laugh?
https://steemit.com/bitcoin/@hotsauceislethal/what-kind-of-crypto-trader-are-you
Keep A Strong Hand!
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-s-increasing-dominance-and-shrinking-market-cap
My Latest Series:
https://steemit.com/bitcoin/@hotsauceislethal/crypto-for-noobs-1-when-to-buy
https://steemit.com/bitcoin/@hotsauceislethal/crypto-for-noobs-2-when-to-sell
*Never invest more than you are willing to lose and always do your own research before making any investment decisions. I am NOT a financial advisor and this is NOT financial advice- this material is intended for entertainment and informational purposes only. Hit "CTRL + or CTRL -" to change size of chart.
(All pictures are free domain images created by myself with the help of Coinigy.com.)
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Which trading pair your suggest with this analysis?
Posted using Partiko Android
?
Btc with which other crypto.
Posted using Partiko Android
You need to rephrase the question my friend. I don't understand what you're trying to ask exactly.
My question is simple which trading pair you trade your bitcoin on a trading exchange?
Example BTC/TUSD
It is traded against the actual USD on GDAX but they also started trading USDC the new coin. I mainly trade vs cash.
Cool. :)
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