BTCUSD ready to rise

26 avr. 2018

Technically speaking, bitcoin appears to be ready to go up. The RSI seems to have turned the corner and the MACD histogram looks ready to go up as well. The daily chart is a bit disconcerting, however. Also, there appears to be a pennant on the 1h chart.

26 avr. 2018

Trade fermée manuellement

So, the easy money has been taken off the table. From here (9217), I think it's something like a 60% chance that we continue to go up. However, again, with the daily view looking how it does, I PERSONALLY AT THIS MOMENT do not expect much more than 9400. The point is, if you're like me, you don't like to work for the money--meaning leave much to chance, stay in a choppy trade, etc--so feel free to exit like me.