Hello Steemians
Hope everyone doing well.
I expect price will cross $8,800 in next 24 hours.
Next 24 hour Price Channel ($7,800-$9,230)
All small pullbacks are covered in my 24 hours Price Range.
It's my personal opinion.
It’s not a financial advice.
Please don't troll in comments. You are allow for your opinions but not for trolling.
What's next for Bitcoin?
On a daily chart
Price is sitting on strong support line
($7,800-$8,000)
Ichimoku Cloud Indicator still favours bullish bias.
On 4 hours chart
Price just above 9 SMA.
Price breaking Parabolic SAR
buy which means
new uptrend signal.
Woodies CCI trending up
I expert price will cross $8,800 in next 24 hours
Next 24 Hours Price Range
($7,800-$9,230)
Go through lessons (by salahuddin2004)
Lesson # 1 (Support/Resistance levels)
https://steemit.com/bitcoin/@salahuddin2004/lesson-1
Lession # 2 (Breakout/Breakdown/New Support/New Resistance)
https://steemit.com/bitcoin/@salahuddin2004/lesson-2
Lesson # 3 (False Breakout & how to avoid them)
https://steemit.com/cryptocurrency/@salahuddin2004/lesson-3-false-breakout-and-how-to-avoid-them
Lesson # 4 (RSI Indicator & how to use it)
https://steemit.com/bitcoin/@salahuddin2004/lesson-4
FOR requesting TA, Whatsapp me
https://steemit.com/bitcoin/@salahuddin2004/one-extra-feature-for-my-followers
Don't Forget to Resteem.
Thank you.
Take care.
Thank you!
Am I looking at the formation of a bull flag at this moment? Maybe that will bring btc a bit higher that, would be nice.
Thanks a lot!
With your great updates I always get a better understanding of the sentiment in the market.
I read a lot of information every day, but here I always find what I am looking for.
Clear, professional and no nonsense
Continue with this good work!
Thank you dear @pariceflower
No thanks, thank you ;-)
Thank you for kind words.
Thank you
Long term you will get good rewards.
Nice analysis.
Price is basing, which is a indication that the momentum has subsided. Price is also sitting in daily demand, which indicates buyers. Price needs to absorb the sell orders at $8700, then $9200 to create a new uptrend on the 4 hr chart.
What about your 20k usd prediction by march end? where is it gone?
Predictions change from time to time. It can come back though :)
Currently BTC is trading below 200 day MA and Below 50 day MA. This latter is about to kiss the 200 day MA, which is a huge bear signal. Hope it doesn't but nothing positive at the moment. Short term sentiment is Bearish. Short term means one month or so. Long term, I am also bullish but with no exact predictions as I am just a human.
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