Crypto Currency Market Analysis BTC and the Top 10 Altcoins Trend Analysis takes a confirmed approach to identifying trends. As price fluctuates back and forth, one could eyeball the candle . BTC Bitcoin is a payment system invented by Satoshi Nakamoto. He published the invention in and released it as open-source software in The system is peer-to-peer; users can transact . How to read Bitcoin charts? Bitcoin charts usually present the progress of the price using Japanese candlesticks. Each candle represents a specific time-frame (depends on the chart) and is showing the open, close, and price range during that time-frame. On top of that, the chart usually contains a variety of technical analysis .
Trading analysis btcBitcoin (BTC) technical analysis and price forecast
This is This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look Hello, dear subscribers! It is broadly known, that the Ripple has very negative fundamental analysis according to the last news. The price immediately reacted with a huge dump. On the right chart we can see two global support lines. The price have already broken down the support 1 level but It does appear that BTC might be forming a Bull Flag, with that said it could also just be a neutral wedge.
This is not financial advice. Trading suggestion:. There is a possibility of temporary retracement to suggested support line Technical analysis:. Stoploss H4. Most likely will decline back to 35 ema. I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance.
Next resistance It was developed by our experts for intraday trading purposes. What does this Videos only. Will History Repeat itself? Remember you heard it here first! Wyckoff Distribution says Bitcoin will go down,don't get trapped. Breakout Imminent!!! Bitcoin potential breakout from triangle. Update on previous idea. Bitcoin reached nearest resistance Show more ideas.