BTC chart review, June 10th @ 19:30 PST

in #bitcoin6 years ago

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Here is the monthly BTC chart from Bitstamp with a heikin ashi overlay on the candlesticks. It shows 5 red bars illustrating the downtrend and it does not appear to be over.
It is still over the 20 month ma in yellow
Stochastics are still in a decline, but appear to be leveling off slightly.
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The weekly chart has 5 red heikin ashi bars with no sign of support by the trend line or the 50 week ma in blue.
The 20 week ma in yellow appeared to provide resistance to the upside since the Feb low.
Stochastics are at the 20 level and may 'embed' if both K and D lines are both under for 3 days.
You can see the higher lows from Feb, March but the low in May has not held, the current price is below the May low breaking the higher low trend.
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The daily chart is from the Gdax exchange with the last 2 days showing the sell off and 2 red heikin ashi bars.
If price breaks the March/April low of 6450, it may continue to test the Feb 4th low.
The 200 day ma on the daily chart also appeared to provide resistance to the upside since March.
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A daily line chart of the 4 BTC forks and their performance. BTC in Red, Bitcoin Cash in Blue, Bitcoin Gold in Orange and Bitcoin Diamon in light blue. It appears that the most interest is with Bitcoin Cash.
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A daily line chart comparison of BTC in Red, ETH in Black, Dash in Green and LTC in Blue.
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Google trends for the search for BTC within the United States has Hawaii in the number one spot. The chart is very similar to the price...
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Google trends for the search for BTC worldwide with South Africa in the number one spot.
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Some of the latest news headlines from Google news:
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