Bitcoin has been doing really good lately, it is moving up strong and into the positive. My indicators are all over the place, but there is something more interesting to look at than indicators... Trend lines... Yes, we are now above a major trend line, we broke through it like it was butter and Bitcoin is giving out signals of additional bullish action in the...
Let me show you a quick way to find resistance levels, which are also known as targets when you are looking to sell for profits when trading a coin. Above you have the Bitcoin chart with 1 candle per 24 hours; Daily time frame. Bitcoin price is likely to stop at the next resistance point. Note the word "likely", because there is always the chance of the price...
Bitcoin just broke another resistance, the $6400 price level, and is moving up as expected. The Altcoins were crying for quite a while, bleeding and bleeding after the bears fed themselves on them for a long time, but now, they alts aren't crying anymore. The signals and indicators that I am looking at are telling me that Bitcoin will continue on this path. I...
The title says it all, let's take a look at the details: "A bullish engulfing pattern occurs in the candlestick chart of a security/asset/coin when a large white/green candlestick fully engulfs the smaller black/red candlestick from the period before. This pattern usually occurs during a down trend and is thought to signal the beginning of a bullish trend "...
Let's keep it plain and simple... Falling Wedge Reversal Pattern "The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower". BITCOIN IS GOING TO THE MOON! What's your opinion? Please share on the comment section below... Thanks a lot for reading... Please like, share, comment and follow. Namaste.
Blocknet (BLOCK), one of the coins that we started to trade back in early April, is gaining strength and moving up. But as we know, each time a top/peak is reached, there is a retrace in price, followed by consolidation before a coin continue its climb up. BLOCK has been doing good the past few days, but the time for the retrace has come. Here are a few signals...