BTC is closing to the top of the Bollinger bands, And also going to the .382 FB Extension, near $13,500 mark. I Expect and hope a Retracement, to the 20 days MA, in order to sustain a healthy bull market, getting off the expeculation hands of it
In this trade that I opened on the 2nd of July I have a target Price of 2,900 BTC. Entered at the price of 2,500 with a Stop Loss of 6%, 2,350. I put this stop because is where the price could touch the low end of the Bollinger band. With a target price of 2,900. This is kind a risk and speculative move and if it does not brake the upper line of the triangle I...
I am going to go long n this chart, Silver is touching a very strong support level, 16, the RSI is touching 30% and it at the low end of the Bollinger bars, but I will not take a long position until it shows a much strong sign that it going to respect the 16. If the support is a true one the cart is going to make a W pattern, my entering point will be 16.20 by no...
In my humble opinion BTC is going to drop more in this week, if we take a close look at the Cart below we ca see that the RSI indicator is in a downward trend, and the MACD is still going down. Another important factor is that Bitcoin was presenting an very long upward trend that was broken in the 22 of June. It has a support line around 2,400 USD. I think it is...
Taking a Tacking a look at the RSS and MACD , I suppose that the gold -0.17% will touch the 1,220 mark. By 1 of July if it breaks it (thing that I do not believe) it will go to the next support line around 1,200. And I think we need to see the RSI under 40 and the price touching the lower levels of the Bollinger Bands to take a long position