Panjang
Three Component Analysis: More Buying to Come
Fundamentals: Nothing about the Bitcoin technology has changed, institutional investment continues.
Sentiment: While largely negative, large players' entry targets have hit. Experienced traders are calling a reversal, but BTC/USD performance for 2014 is extremely negative.
Technicals: A convincing Adam & Eve reversal is playing out with price stability above 200/BTC. Trend-line, pitchfork, and fibonacci levels converge at $199.40 which should prop up selling from an apparent bear flag down from 220/BTC. Consisting selling is having little effect on price, with bullish divergence on MACD.
Sentiment: While largely negative, large players' entry targets have hit. Experienced traders are calling a reversal, but BTC/USD performance for 2014 is extremely negative.
Technicals: A convincing Adam & Eve reversal is playing out with price stability above 200/BTC. Trend-line, pitchfork, and fibonacci levels converge at $199.40 which should prop up selling from an apparent bear flag down from 220/BTC. Consisting selling is having little effect on price, with bullish divergence on MACD.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.