MA's were good support lines for BTC before (as in May '17 and July '17). MA50 line acted as a support at late Dec '17. I guess BTC will bounce back from MA100 or MA150 line/support(s) and start a new uptrend.
Credits to Tarkan: youtube.com/watch?v=vAxn-wnulWE
Credits to Tarkan: youtube.com/watch?v=vAxn-wnulWE
Note
Btc have bounced from MA100 line (as predicted) and is starting a new uptrend. 13k and 15k are important resistance points. MACD and RSI are looking good, i think it will break 15k resist. on 22.01.18Here is the daily chart update
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.