jimmycdn

Bitcoin continue...

BITSTAMP:BTCUSD   Bitcoin / Dollar
Let’s continue our analysis on Bitcoin             . As you can see latest chart (January 1, 2018), volume is very little. Due to this fact price is not making decisive moves, it’s trap within range SR#1 and SR#2. In very short time we should expect price explosion…
Target #1 was achieved (2017-12-30), price reversed on SR#1 and slide down a bit. I suspect that we should once again get short Target#1 and perhaps Target #2. Keep in mind that RSI remain in down-trend.
All the best and successful trading in 2018 to all of your traders,
Cheers,
Jim
Is expected to rise significantly ??
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jimmycdn agouray
@agouray, hi at this time we don’t even know which direction price will take...
Cheers, Jim
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agouray jimmycdn
@jimmycdn, Thank you means currencies will remain in decline
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jimmycdn agouray
@agouray, hi please read my comments for each chart. All informations are there...
Cheers,
Jim
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agouray jimmycdn
@jimmycdn, thanks
regards
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