BTC/USD - Bear V Bulls Continues 7/5/18

in #bitcoin • 7 years ago

Suh

Nothing new occurring so far with #BTC.

Same shiz, got a nice bounce off our mid term support range.

However, for confirmation of a bearish scenario i will wait for a daily close below the support line.

We could still be seeing the Bear Flag discussed last night:
https://steemit.com/bitcoin/@sourlemonball/btc-usd-a-bullish-thought-6-5-18

However that is looking highly unlikely, unless our bounce gains a hella lot of volume and tests 10k again.

Watch for RSI supports breaking or bouncing on the daily, and a crossover of any MACD.

Daily
Screen Shot 2018-05-07 at 9.31.54 am.png

Hourly
Screen Shot 2018-05-07 at 9.34.24 am.png

Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!

#trendanalysis #geeme #technicalanalysis #cryptocurrency
7 years ago in #bitcoin by
$0.00
    1 vote
    Reply 2
    Sort:  
  • Trending
    • [-]
     7 years ago 

    Hopefully it will keep on going up, 250k as mcaffe said

    [-]
     7 years ago 

    Congratulations @sourlemonball! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

    Award for the number of posts published
    You published 4 posts in one day

    Click on any badge to view your own Board of Honor on SteemitBoard.

    To support your work, I also upvoted your post!
    For more information about SteemitBoard, click here

    If you no longer want to receive notifications, reply to this comment with the word STOP

    Upvote this notification to help all Steemit users. Learn why here!

    $0.00
      Reply

      Coin Marketplace

      STEEM 0.18
      TRX 0.16
      JST 0.030
      BTC 78880.92
      ETH 3188.85
      USDT 1.00
      SBD 2.68