Amjad_S

BTC Trend & Momentem Analysis forcast

BITSTAMP:BTCUSD   Bitcoin
BTC Trend & Momentem Analysis forcast

Hello Traders !

Here are my predictions of BTCUSD price expansion over the forseable future from a technical perspective / bias :

Used Indicators :

* Regression Line
- Micro regression (red) (400 bar lookback)
- Macro regression (green) (1000 bar lookback)
* Standard deviation channels
- sub 2 standard deviations (TTM - (Trailing Twelve months ~ 365 day lookback)
- sub 3 standard deviations (TTM)
* SMA (simple moving average)
- TTM SMA
- 40 SMA


all values calculated on daily timeframe

Key Inflection(rejection) points :
- approx 24000
- approx 14500
- approx 10000
- approx 42000


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