BTC is going to have a very low volume weekend

in cryptocurrency •  2 months ago

Top News

👮Coinbase CEO Brian Armstrong: 1 Billion People Will Be in Crypto Ecosystem in 5 Years
👮Bitcoin Price Stabilizes at $6,400 While Analyst Sticks to Crypto Downtrend
👮Crypto Exchange Giant Binance Outlines Plans to Expand in Africa
🕵Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses
👮Coinbase Becoming Custodian For 40 New Altcoins

Bitcoin analysis

Screenshot_2018-09-09-00-00-48-095_com.binance.dev.png

We have crossed the MA's and a nice pullback is due.However rising wedge formed on RSI So time to waiting for the price what it will do.Bitcoin clearly likes this range, and has been effectively sideways for months. We may need to get comfortable here for a while.
Dmi7ZSvWsAAz3VJ.jpeg
BTC is going to have a very low volume weekend, going to use this time to take some time off.Looks like 6.4k is holding, I don't like the 4h volume but the Stochastic RSI on the daily chart is completely bottomed and RSI ticking up.
DmkSSrzXsAEYGo-.jpeg

One more week and then we should start following the uptrend green line just as we did the down trend red line

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!
Sort Order:  

Nothing to say...just wait. It is time to buy.