analysis of bitcoin day 05/14/2018

in #cryptocurrency6 years ago

btcimagen
self image source

Well, my people today will continue with my analysis and monitoring of bitcoin, which I do daily, letting you spend a few days on a trip that you make to be the end of the week and festive, but now everything is back to normal. Well, continuing with the analysis that was carried out on 05/11/2018, it was said that bitcoin could be at a decisive point if it tried to go up or down for the simple fact that the only support that helped it sustain was the s2 of last week, apparently this could take this support and go up but I take the exponential moving average as a resistance, preventing it from going too high and lowering it twice already.

image of the day 11/05/2018

iamgenbitcoinp
self image source

image of the day 14/05/2018

iamgenbitcoinh
self image source

movement prediction


The recommendation is to wait to see how the market moves by the simple fact that it is still in moments of considerable movement because of the latest news that has been given, but it is quite stable, so the recommendation is to be aware if the bitcoin goes up. Above the moving average of 200 is going to be giving a good clear bullish signal that accompanied by good news and good volume of not being waiting to see what happens although it is in good time in the purchase of 8300 and the 8400 if in this recession goes down and reaches these values the recommendation is to buy without more than saying thank you for reading my post and I hope you have been helpful.

important:Remember, I am not a financial advisor or anything like that. the information I provide is information given according to my analysis that is given so that people can get an idea of how the cryptocurrency market is going.


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