Hi every one Bitcoin / U.S. Dollar chart is speaking it self!! BTC/USD chart has formed a bearish pennant which suggests that the price will decrease for now which was expected of course. be . BITCOIN - BTC/USD Trading signals You are currently viewing all detections and trading signals of the financial instrument BITCOIN - BTC/USD. 5 minutes Horizontal resistance is broken. Type: Bullish . Dec 21, · BTC/USD Analysis. I wrote last Thursday that the price had risen by approximately 10% over the past two days, so a retracement or consolidation would not be a surprise. As long as stops were kept wide respecting the high volatility of Bitcoin.
Btc/usd trading signalBITCOIN - BTC/USD Trading signals
There is no solid reason not to be bullish on Bitcoin at least technically — the price is continuing to print higher and higher new levels of support and continuing to break to new highs at least every two days or so. The price is trading in blue sky and has lots of speculative interest. Of course, the pace of the advance is very rapid, but I feel that we are likely to see the final climax of this bullish move after Christmas and not before, so the bullish run feels to me as if it has further to go.
I am very happy not only to buy a bullish bounce at any support level, but I am also prepared to buy breakouts to new all-time high prices as long as the price can hold up there for at least a couple of hours. There is nothing of high importance scheduled today regarding the USD. Adam trades Forex, stocks and other instruments in his own account. He has previously worked within financial markets over a year period, including 6 years with Merrill Lynch.
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Adam Lemon. Also on DailyForex. Did you like what you read? Bullish harami. RSI indicator: bearish divergence. RSI indicator is overbought : over CCI indicator is overbought : over Previous candle closed over Bollinger bands. Long white line. SuperTrend indicator bullish reversal. Aroon indicator bullish trend. Resistance of channel is broken. Horizontal resistance is broken. New HIGH record 5 years.
Price is back over the pivot point. New HIGH record 1 year. New HIGH record 1st january. New HIGH record 1 month.