bitforte

bitforte

Current market parameters (RSI, MACD, PSAR, BB and Stoch) and price position suggest that we are on an uptrend. However the immediate trend line remains a significant resistance to be broken before we gave confirmation. There apparently is enough volume and bullishness to propel the market into a confirmed uptrend, we should see a kumo breakout on Ichimoku. Major...

bitforte Updated 

Cutting straight to the chase, bitcoin price has undergone a massive correction. A long overdue correction at that. The higher the price rise when a correction is expected the deeper the correction when it does happen. And it has indeed happened, it’s still happening and is expected to reverse any day or time now (2nd Feb 2018). This write-up will use simple...

bitforte

Pls note I'm new to trading and I'm a newbie; I do not claim to be an expert. All comments and corrections are very much welcome. No doubt the market is cyclic in nature albeit not with a perfect frequency. A look at Dogecoin's weekly candle clearly shows, without much technical analysis, that the bulls are here. The market itself is ready for the natural bull...