BTC update 29.08.18

in btc •  24 days ago

Well, that was kinda unexpected. It is really hard to get a good count on this, but for now I am turning bullish on BTC. Is this already the terminal end of the correction? I don't know... but I certainly have a bullcount now:

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Until I see a low below 6500, I will stay bullish. So I am watching that number closely.

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Oh, this is interesting! Thanks for the update :)

Its so helpful for cryptocurrencies exchanging supprted man,,

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Stop posting spam comments on my blog or I have to start flagging.

it doesn't seem to be enough buying pressure for a real breakout, but lets hope for the best

Yup yup, me too :)

I think we're too overbought to go any further right now. This correction happening right now could push us down the previous resistance at 6750$, which will in the end become our support. A second scenario is to stay above the 50 & 100 day MA's and do a little sideways movement, which will reduce the values of the momentum indicators.
Be prepared for anything.

Thanks for the update, I think it’s 50/50 if the bottoms in.. would prefer it of course😊💰🚀

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Take a look back at the daily. A massive triangle sitting on 6000...

Starting to look good today, think crucial it stays over 7100..