Hi all,
as you can see from the chart BTC has followed the trend line up smashing through the previous resistance lines I highlighted in my previous TA, which if you haven't checked out, i recommend you do, throw a man a bone, go check it out and give me a like! really helps me out.
Anyway, enough of me begging like a street urchin.
BTC has just touched my major down trend line which ive had plotted for several weeks now, it touched and dipped down. Despite this i believe strongly that this is only temporary and to be expected. I have my money on BTC pushing through this with the bulls rallying behind howling for a new ath. I dont think this ath will be tomorrow nor the day after but its on the air and soon the media is going to be going nuts about how BTC is a bubble!
I have left the cloud on this time to further show the change of tides.
If you arnt bullish here, then I would love to here why.
I have kept this one fairly simple as there isnt much new TA to talk about, ill mention it here just so people know im not skipping the important bits!
Volume, still great, expecting to see this be maintained
cloud, sexy af, green and price sitting above the cloud.
rsi, slightly over bought right now but correcting at the major down trend line is to be expected.
ao, positive and looking good.
macd, looking healthy
Post your thoughts and question below guys, ill answer any points you have and am always open to debate if you disagree with anything i have written here.
Remember though folks, this is not financial advice and any trades you take are at your own risk.
I, like all traders will be watching BTC and will take positions accordingly.
Stay frosty,
Moglli, out.
p.s I post updates and alt coin ideas on my twitter here: twitter.com/Mougllii
as you can see from the chart BTC has followed the trend line up smashing through the previous resistance lines I highlighted in my previous TA, which if you haven't checked out, i recommend you do, throw a man a bone, go check it out and give me a like! really helps me out.
Anyway, enough of me begging like a street urchin.
BTC has just touched my major down trend line which ive had plotted for several weeks now, it touched and dipped down. Despite this i believe strongly that this is only temporary and to be expected. I have my money on BTC pushing through this with the bulls rallying behind howling for a new ath. I dont think this ath will be tomorrow nor the day after but its on the air and soon the media is going to be going nuts about how BTC is a bubble!
I have left the cloud on this time to further show the change of tides.
If you arnt bullish here, then I would love to here why.
I have kept this one fairly simple as there isnt much new TA to talk about, ill mention it here just so people know im not skipping the important bits!
Volume, still great, expecting to see this be maintained
cloud, sexy af, green and price sitting above the cloud.
rsi, slightly over bought right now but correcting at the major down trend line is to be expected.
ao, positive and looking good.
macd, looking healthy
Post your thoughts and question below guys, ill answer any points you have and am always open to debate if you disagree with anything i have written here.
Remember though folks, this is not financial advice and any trades you take are at your own risk.
I, like all traders will be watching BTC and will take positions accordingly.
Stay frosty,
Moglli, out.
p.s I post updates and alt coin ideas on my twitter here: twitter.com/Mougllii
