Bitcoin Price Mini T.A. 8/2/2018
Current Market Cap: $260.01B(-$38.43B in nine days) Bitcoin Dominance: 48.7%(+1.5%)
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Today I'm using three different trading tools and indicators: Bollinger Bands, Stochastic RSI and MACD. I switched my time-frame to one day candles for a longer term view.
Bollinger Bands show we are below the moving average at $7,630. High ranges at $8,650 and low ranges at $6,600.
Stochastic RSI indicates extremely oversold conditions (0).
MACD shows we are above the zero line and the histogram has switched to negative.
Super short post today, sorry I will have to elaborate later :-D I have dinner plans sry guys.
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https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-mini-t-a-7-24-2018
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https://steemit.com/bitcoin/@hotsauceislethal/how-to-conquer-fomo-fear-of-missing-out
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https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-s-hype-cycle-is-finally-here
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https://steemit.com/cryptocurrency/@avii/mind-over-money-documentary
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https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-s-increasing-dominance-and-shrinking-market-cap
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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.)
I hope the drop doesn't happen. Thanks for chart and details.
Coins mentioned in post: