BTC Analysis Mashup: optmism out there

in #bitcoin6 years ago

In general short term optimism, I would expect the price move up in a slower and steadier way than the previous days. The triangle tends to be a continuation pattern, we have a green cloud, and the AO looks like it could show the three greens in a row in the 2h chart that are usually followed by a nice move up.

Also, some alts are moving up, like IOTA, EOS, DASH... which signals the optimistic perception.

Screenshot from 2018-08-27 10-02-48.png

Now, if we go to the guys who really know about this...

For a longer term, more rational and global view, I go with goldbug1:
https://www.tradingview.com/chart/BTCUSD/6YlBRlSP-BTC-It-Was-a-Herd-of-Contrarians/

VaidoVeek can see some higher levels than those we were expecting coming:
https://www.tradingview.com/chart/BTCUSD/bHfxD5FO-BITCOIN-Forecast-For-This-Week/

mycotoxin's indicators suggest some upward move coming:
https://www.tradingview.com/chart/BTCUSD/a3LPvV42-BTC-Here-goes-the-100MA-red-and-the-50-MA-crossing/

Please, if you happen to visit any of the cited sources, consider at least giving them a like!

WARNING! trading is a very risky thing! Don't take this as an investment advise: it is likely to be wrong and you will probably lose money if you take this seriously. If you do lose money, don't blame me or anybody else commenting, because in the end is your choice.

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