Bitcoin Price Mini T.A. 4/7/2018

in #bitcoin8 years ago

Current Market Cap: $263.77B(+$14.81B in one day) Bitcoin Dominance: 45.1%(no change)

BTCprice04072018.jpg

Today I'm using three different trading tools and indicators: Bollinger Bands, Stochastics and MACD.

Bollinger Bands show we above the moving average which is around $6,900.

Stochastics indicate overbought conditions (77).

MACD shows we are above the Zero Line and the histogram is slowly tapering down. Keep an eye on a drop below that ZL.

Price Targets:

Entry $6,500-$6,900

Exit $7,150-$7,450

Check Out My Last Bitcoin Post:
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-mini-t-a-4-6-2018

Feeling Salty About Missing The Crypto Boat?
https://steemit.com/bitcoin/@hotsauceislethal/how-to-conquer-fomo-fear-of-missing-out

Don't Worry:
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-s-hype-cycle-is-finally-here

Fantastic Documentary About Relevant STUFF! (MUST WATCH!!!)
https://steemit.com/cryptocurrency/@avii/mind-over-money-documentary

Like Bitcoin But Want To Avoid The Fees?
https://steemit.com/bitcoin/@hotsauceislethal/save-money-when-sending-crypto

Pay No Transaction Fee From Coinbase!!!
https://steemit.com/bitcoin/@hotsauceislethal/no-transaction-fee-bitcoin-trick-using-coinbase

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

*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.
(All pictures are free domain images from snappygoat.com or created by myself.)

Sort:  

Hopin for more positions at or below 6200....
Good post

This post has received a 1.67 % upvote from @booster thanks to: @hotsauceislethal.

Coin Marketplace

STEEM 0.08
TRX 0.29
JST 0.036
BTC 100906.41
ETH 3298.36
USDT 1.00
SBD 0.51