Bitcoin whats next?
Hey everyone!
Sorry for not posting for so long, I was busy with algotrading.
Meanwhile, we have really interesting picture on
BTCUSD 1D chart.
Bitcoin is about to face with really important resistance zone, I'm talking about 7600-8000 USD. We have 0.5 Fibo at 7854, round number 8000, and downtrend channel.
We are above both 15 and 30 EMA, which are showing local uptrend. Awesome Oscillator is green and above 0, and Aroon is also showing buy signal. But we have problems with the volume. it's definitely low for breaking through this important level.
If bulls manage to break through then our next stop is around 10k!
Don't take risks, wait for the confirmation of trend.
Please leave a like and follow, let's make money together!
Thank you!
Sorry for not posting for so long, I was busy with algotrading.
Meanwhile, we have really interesting picture on
BTCUSD 1D chart. Bitcoin is about to face with really important resistance zone, I'm talking about 7600-8000 USD. We have 0.5 Fibo at 7854, round number 8000, and downtrend channel. We are above both 15 and 30 EMA, which are showing local uptrend. Awesome Oscillator is green and above 0, and Aroon is also showing buy signal. But we have problems with the volume. it's definitely low for breaking through this important level.
If bulls manage to break through then our next stop is around 10k!
Don't take risks, wait for the confirmation of trend.
Please leave a like and follow, let's make money together!
Thank you!
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