Holding up fairly well in this downturn, has a use case and will probably trend higher in the coming years.
Long reasoning: MACD flipping to the upside Triple Top (inverse H&S) see: bit.ly
Bitcoin Weekly Chart. Bitcoin bounced directly off the RED 200day MA, as long as it stays above the WHITE 50day MA I don't have a reason to be bearish.
Tesla is an advanced technology company. There will be a lot of shorts breathing exhaust fumes.
I think we revisit $4960 but bounce hard at $7880 Long the kitchen sink at $4960 if it does get there.
Is Bitcoin above its 50 Week Moving Average (white line)? yes? = buy every dip no? = sell, take a short position Don't fight the trend. Right now the trend is up. Hodling isn't easy, that's why it's not for everyone.
ZRX/USD - Coinbase (Fib Retracements + VPVR)
Short reasoning - MACD is flipping, 50ma has flipped 200ma Go long/accumulate in the buy zone
Subject to change based on SEC hearings, vehicles delivered, etc...
Comment on your thoughts below.
Indicators: Cloud, RSI, Volume Profile, MA(20)(40) and (200)
If we break any of the 2 red support lines, our next support is at the high $5000's..
The 20 MA crossed over the 40 MA and that indicates a short term down trend. If we break $9000 I believe we could see another bounce of the trend line support at $8700 on or around May 11th roughly.
Chart: I'm looking for a strong bounce at or around the .00016500 satoshi's range. Coin: Ox(ZRX) This is one of the first coins I bought when I was first introduced to blockchain currency; DYOR on $ZRX(OX) project here: 0xproject.com