Community post
It's up in the air
https://cryptoravness.wordpress.com/2018/03/19/its-up-in-the-air/
It’s been a while, been looking at charts casually as the discord debates whether or not It’s bullish or bearish.
Coin: Bitcoin/USD
Timeframe: 4 hour
Verdict: Slightly Bullish (Overall Potentially Bearish)
Reasoning: One of the reason why I say its slightly bullish due to it breaking out of its falling wedge. I was at work I was telling everyone that it won’t break 8.2k, or at least have a strong resistance there – it went 8.4k, so I’m feeling rather confident about it. Now I’m seeing a potential Bullflag so the price of 8.6k isn’t out of the question. Probably won’t hold my breath for a potential 9k area, but that’s just my opinion. Since we’re still in a downtrend overall, we can still see prices go down. Read below for my reasoning
https://www.tradingview.com/x/YEkBVZhA/
Timeframe: 24 Hours
Verdict: More of the same, Bear on the 24 hour until we break out
Reasoning: So if your “Bull” I give possible prices on what the price might be, and its around $9 – 9.4k. Of course if it does go that way, it’ll break out of the 24 hr Downtrend I’ll give it another week for the price to play around. Support Levels at 7.2k and Strong support at 6k
https://www.tradingview.com/x/YfHTDQSd/
https://www.tradingview.com/x/KfJ9gfnk/
Based on the TD indicator, it’s been on the Red 9 so going to the 13th, we should’ve went up by now on the 24 hour.
As for me, I’m not really trading, more of the HODL gang.
https://www.youtube.com/watch?v=UK7im9kq2PU
https://www.youtube.com/watch?v=fK30R0oG3Cs
https://www.youtube.com/watch?v=KxRZX9eDpCs
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BTC (Segwit): bc1qtrd48hmqzgmk89umyrz6rzx453zfdycqk3fdja
ETH: 0xF973bd1aD91B22bc00c3a1D8c5Dd3cc901cf1E88
LTC: MDk8qddjVJowZHuvr1hw7T3uKDMytE353A
DISCORD: https://discord.gg/ZkPZpxC
Replies (2)
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cryptoravness.wordpress.com/2018/03/19/its-up-in-the-air/
For future viewers: price of bitcoin at the moment of posting is 8600.00USD