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thomasfar6
9 Jan 2018 pukul 19.00

BITCOIN - POTENTIAL UPSIDE, RESISTANCE ABOUT OT BREAK? Panjang

Bitcoin / U.S. dollarBitstamp

Huraian

Bitcoin is on the bullish side today, the graph shows that the price will consolidate between the blue rectangular box until a breakdown or breakout. In this case, it is more likely that we are going to see a breakout rather than a breakout down (further indicated below by the MACD & RSI). We have two resistance points, one coming diagonally and the other being horizontal, once we break through the diagonal resistance, we should head to the second one in which be a confirmation for a breakout!!

  • MACD - Look to begin continuing the crossing upward right now.
  • RSI - Still in the lower ranges which leaves space for upward movement.


  • Orange - Resistance.
  • Pink - Support.


As always trade the lines accordingly.
Komen
rmrezai
use ADX indicator
thomasfar6
@rmrezai, I will check it out
Lebih