Bitcoin is forming a hammer! The Dip is at 7900$ - The Target is 12000$ ! - Bitcoin Technical Analysis Update

in #bitcoin6 years ago

Good News!

Bitcoin is forming a hammer today... The buyers are back into the market.

The target is 12000$ --> Moving Average & Previous Peak Point.

BTC-02-02-ma.jpg

BTC-02-02-mb.jpg

Stop Loss is 7900.

Trend is your best friend :) As long as the price stays above the moving average It represents an “Upward” Trend. As long as the price stays below the moving avareges It represents an “Downward” Trend.

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

U5dsnt2Y19qmNJ6S4rHWGSU4yi4wucH.gif

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a coffee:
BTC Wallet : 1DdZHLa6RSqXRDf8yjzUunayqUaDNVLq4d
ETH Wallet : 0xe4Ee873f570eFB3ED536b9C184eBb3A91dE38798

If you want to invest in crypto currency you may sign up Binance via my referral link : https://www.binance.com/?ref=12196199

giphy.gif

Sort:  

Congratulations @pozzecco! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got a First Reply

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 69935.17
ETH 3451.09
USDT 1.00
SBD 3.69