Bitcoin Key level & Next move (Current Price $7,557)
Hello Steemains
Hope everyone doing well.
I want to share some key levels & what I expect next?
Personally what I expect.
Price will hold $7,500 area & will start it's bullish journey
from here towards $12,000 follow by $14,000, 17,500 & 20,000.
It's my personal opinion.
It’s not a financial advice.
Only Bad News affect our TA & bullish party.
Key levels to watch
Upward Key Levels
250 SMA at $7,920
4 hours Pivot Points are $7,655 , 7,851 & $7,967.
4 Hours Donchain channel upper layer at $8,620
Parabolic Point to hit on daily chart at $9,455 (to regain its upward direction)
Downward key levels
Stochastic RSI value +7.20 at $7,532 (oversold)
4 Hours Donchain channel lower layer at $7,518
Strong Support at $7,500 & $7,200.
300 SMA at $6,955
I knew current price is $7,557 but I expect it will hold this area $7,500.
I expect we will see bullish run from $7,500.
Go through lessons (by salahuddin2004)
Lesson # 1 (Support/Resistance levels)
https://steemit.com/bitcoin/@salahuddin2004/lesson-1
Lession # 2 (Breakout/Breakdown/New Support/New Resistance)
https://steemit.com/bitcoin/@salahuddin2004/lesson-2
Lesson # 3 (False Breakout & how to avoid them)
https://steemit.com/cryptocurrency/@salahuddin2004/lesson-3-false-breakout-and-how-to-avoid-them
Lesson # 4 (RSI Indicator & how to use it)
https://steemit.com/bitcoin/@salahuddin2004/lesson-4
Top 70 Cryptocurrencies (Buying points/Target points) by me
https://steemit.com/bitcoin/@salahuddin2004/top-70-cryptocurrencies-buying-points-target-points
FOR requesting TA, Whatsapp me
https://steemit.com/bitcoin/@salahuddin2004/one-extra-feature-for-my-followers
Don't Forget to Resteem.
Thank you.
Take care.
Dear @salahuddin2004, thank you very much.
Watching a breakout very nice, let's go BTC UP UP UP :-)
Thanks for the analyse is there an update Ripple? @salahuddin2004 just HODL and everything will be fine.
For future viewers: price of bitcoin at the moment of posting is 7593.00USD
https://www.coindesk.com/financial-stability-board-downplays-crypto-impact-on-global-finance/
Good news:-)
Hello friend, excellent post,
Thanks for sharing and hopefully you will be more successful for your work.
You can check my article https://stееmit.com/@argh/fact-of-the-day-3-19-2018 and give me your feedback!
I will follow you.