Bitcoin is the trend reversal near?

in #bitcoin8 years ago

Previous Bitcoin idea moving inside the triangle still valid as price fails to broke through the down trend.

However, MACD looking extremely bullish with stable RSI it seems a leg up would be sooner than expected. Simultaneously Bollinger Bands are squeezing and this is giving more signal for a trend reversal.

One day trade range : 10300 - 11000 (If price hover inside the triangle)

Capture.PNG

Note : Trade at your own risk

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nice idea my its so true my friend thanks for sharing your idea i think btc will reach to 25000 until summer

I hope so too, price has consolidated a lot and bags are full :)

Not relevant as downtrend broken

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin10925.000$2.95%8.6%
DOGEDogecoin0.006$1.65%-0.14%
LTCLitecoin213.252$2.09%8.99%
SBDSteem Dollars3.739$1.36%-10.92%
STEEMSteem3.413$2.55%-2.19%