A clear buy
Updated
Guys let me know one thing do you really think that by only looking at charts and by drawing many stupid things around that makes anybody a good trader? well for me it's total no no,those who are involved in crypto markets understand this very well as they have seen many newbies traders giving advice based on there so called chart analysis that where the price will move in future,the funny thing is they intentionally makes there chart so difficult so nobody can understand and human tends to think those things superior which they can't understand lol,absolute thing which you should understand about bitcoin that while you are trying to predict its prices in future you should look at news,market sentiments and lastly your charts,so let's dive into it!!
Latest news
-Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange
-Apple Co-Founder Steve Wozniak’s Bitcoin Stolen
-Bitwala Launching Full-Fledged Crypto-Friendly Banking Service with Debit Card(strong)
-Justice Dept Looks to Develop ‘Cryptocurrency Strategy’
-Las Vegas Strippers Accept Bitcoin via QR Tattoos(strong)
-35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards(very strong)
market sentiment and technical analysis
-it seems market sentiment is strong bullish based on our T.A and latest news
-volume has been increased at a fair rate showing signs that bulls are taking control
-strong resistance at around 12200 that is why we set our target at 11700 being conservative
-50 day moving average is well above the current level
In conclusion we can say that this is a clear buy signal while we don't try to make you think that we are guru,magician or something like that instead we can only choose the best set up in crypto and send it to you!! in short our thinking is -we choose the best setup and then we don't care about the outcome as it is not in our control!!!
Latest news
-Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange
-Apple Co-Founder Steve Wozniak’s Bitcoin Stolen
-Bitwala Launching Full-Fledged Crypto-Friendly Banking Service with Debit Card(strong)
-Justice Dept Looks to Develop ‘Cryptocurrency Strategy’
-Las Vegas Strippers Accept Bitcoin via QR Tattoos(strong)
-35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards(very strong)
market sentiment and technical analysis
-it seems market sentiment is strong bullish based on our T.A and latest news
-volume has been increased at a fair rate showing signs that bulls are taking control
-strong resistance at around 12200 that is why we set our target at 11700 being conservative
-50 day moving average is well above the current level
In conclusion we can say that this is a clear buy signal while we don't try to make you think that we are guru,magician or something like that instead we can only choose the best set up in crypto and send it to you!! in short our thinking is -we choose the best setup and then we don't care about the outcome as it is not in our control!!!
Trade closed: target reached
our target of 11700 reached
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