ungureanu_alexandru

A little bitcoin in sights

COINBASE:BTCUSD   Bitcoin
All the other kids with the pumped up kicks
You'd better run, better run, out run my gun
All the other kids with the pumped up kicks
You'd better run, better run, faster than my bullet

Yes this is personal chart on top of it it is a suggestions (YES THOSE RED LINES ARE SUGGESTIONS DON'T TAKE THEM 4 GRANTED) .
And so i started to publish my ideas .







Alecs
Comment:
Tools used : Fib Retracement : to figure out some resistance points and maybe some high points (look left market leaves clues)
RSI : to determine where is the price trend is (you can see that the rsi works with the price chart ,when rsi makes a low the price makes a low)
and to determine where the divergence is, the light blue lines on the rsi.
The two light blue lines on the graph who maybe few observed when you saw this ideea , are 2 points of divergence ( if you don't know what that is look it up ) its the trend (rsi) who diverge from the price chart (when the price made a new high on the 12/12 /2017 the rsi actually didn't signal another high , but a
Comment:
Oh and you may encounter heavy resistance on the 0.5 line on the fib retracement tool even tho that 0.5 line isn't a fib retracement number, and this tool is made by programmers , not for traders , so : that's the price 13.000 + - btc/usd

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