Bitcoin (BTC) - Trading Update - Morning Analysis - 10/15/18 - Break Out!

in cryptocurrency •  last month

bitcoin_analysis.jpg

Bitcoin went crazy in the Asian Markets as it moved to a high of $7788 on Bitfinex. It has retraced $1000 back to the $6800 level.

This move seems to be an error and unique to Bitfinex as Bitcoin on Coinbase moved to $6800 and is at $6400 now

The volume went ballistic as the RSI has shot up to the 60 level.

The MACD is still flat on the one day.

4 Hour

aa.jpg

1 Day

a.jpg

If you don't have a Binance account, and like our posts, and are going to set one up (especially to trade STEEM) we would appreciate if you support our efforts by using our referral link. It doesn't cost you anything and it helps fund our efforts. Mahalo.

Click here to set up your Binance account

(We are not professional traders this is just our opinion. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.)

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!