As I called the other day, Bitcoin dropped back to the support level at 16,611.5. Price is now trying to rise back up but there will be resistance at the juncture of the 21 and 50 period SMAs. For now, the Hull MA has turned green and given a buy signal.
Let me know if you like these new line charts. I think they reduce the noise of the candles. Leave a comment below and let me know what you think. :=)
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Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Let me know if you like these new line charts. I think they reduce the noise of the candles. Leave a comment below and let me know what you think. :=)
If you like this post, please click the Like button, tell your friends, and re-Tweet!
Disclaimer: This post is for educational purposes only. Trading is at your own risk.