Bitcoin Price Mini T.A. 4/8/2018

in #bitcoin8 years ago (edited)

Current Market Cap: $265.05B(+$1.28B in one day) Bitcoin Dominance: 44.9%(-0.2%)

BTCprice04082018.jpg

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

Bollinger Bands show we are right at the moving average which is around $6,980.

Stochastics indicate normal conditions, neither oversold nor overbought (49).

MACD shows we are above the Zero Line and falling. Keep an eye on a potential crossover of that ZL and increased volumes on the downside for the histogram.

Price Targets:

Entry $6,350-$6,850

Exit $7,150-$7,450

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https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-mini-t-a-4-7-2018

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*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.)

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