Follow me @steemcharts for daily updates on Steem prices, Bitcoin Prices, Steem statistics and Technical analysis.
Please leave a comment and an upvote as well! Also, let me know if you have any wishes for charts that I should do.
Disclaimer: This is not investing advice. These charts are for fun and beginners. An easy to understand basic introduction to charts.
BTC
Steemcharts is back from a small holiday, and very glad I was mistaken about Bitcoin going back to $6800. It seems like it is in no hurry to stop, just small breathers and then off again. High volumes and we are above the bullish ascending trendline again. Wrote in next resistance at $10,000 and that is where we are headed.
ETH
Not nearly as much bounce in ETH. This is indeed a BTC rally still
STEEM
Same with Steem
EOS
NEO
Follow me @steemcharts for daily updates on Steem prices, Bitcoin Prices, Steem statistics and Technical analysis.
Please leave a comment and an upvote as well! Also, let me know if you have any wishes for charts that I should do.
Disclaimer: This is not investing advice. These charts are for fun and beginners. An easy to understand basic introduction to charts.
After price was rejected at $8,500 two days ago, it has since struggled to determine which direction it will head next. There has been lots of speculation for downside and upside potential but neither have yet been confirmed. With the amount of speculation of the bull run activated, a large amount of money has been since invested into Bitcoin, being the most likely reason price has been able to hold fairly steady and reject a sell off or a major push higher.
On the 4hr chart it is obvious of a base that formed at $8,100 where price has previously found support/resistance which allowed price to bounce steadily back to $8,270. This small base and steady bullish movement away from this area could be enough to result in a retest of $8,500.
It doesnt matter that much when people in all their retardedness sells everything because an ETF got rejected.
Coins mentioned in post: