Bitcoin - TA (19th April)

in #bitcoin • 6 years ago

Hi,

I'll post the TA of bitcoin whenever I get time. This is the first post.

Very volatile trading on a daily basis with candles repeatedly cancelling each other out. Today's High so far = 8,273.00 is being sold despite three straight bullish 1H candles (Three Outside Gap, Upside Gap Three Methods and Harami Cross). This makes trading on small time-frames even riskier with 1H neutral on STOCH = 53.974, ADX = 19.510, Williams = -48.847, Highs/Lows = 0. I personally remain bearish after 7,877.90 was (even on a tight margin) broke yesterday and since 1D is on an overbought momentum (STOCH, STOCHRSI > 80.00, Williams < -10).

#cryptocurrency #crypto
6 years ago in #bitcoin by
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