Bitcoin Price Mini T.A. 8/2/2018

in #bitcoin6 years ago

Current Market Cap: $260.01B(-$38.43B in nine days) Bitcoin Dominance: 48.7%(+1.5%)

BTCprice08022018.jpg

*

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.

Check Out My Last Bitcoin Post:
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-mini-t-a-7-24-2018

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

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.)

Sort:  

I hope the drop doesn't happen. Thanks for chart and details.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin6950.805$-1.27%-14.34%

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.034
BTC 63463.10
ETH 3243.17
USDT 1.00
SBD 4.45