Bitcoin (BTC) Daily Price Forecast – January 18

2019-1-18 08:51

BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,500, $3,400, $3, 300

Yesterday, January 17, the price of Bitcoin was in the bullish trend zone. The bulls were in control as they broke the 12-day EMA , the 26-day EMA and reached the bullish trend zone. Yesterday, the crypto’s price reached the $3,725 price level and commenced a range bound movement. In the previous scenario, on January 14, the crypto reached the $3,700 price level and was resisted and the price fell to the bearish trend zone.

Today, the BTC price is retracing and it is likely to fall again to the bearish trend zone. However, if the bulls sustain a price above the EMA, the BTC price will rise. Meanwhile, the stochastic is out of the oversold region below the 50% range which indicates that Bitcoin is in a bullish momentum and a buy signal.

BTC/USD Short-term Trend: Bullish

On the 1-hour chart, the price of Bitcoin is in a bullish trend zone. On January 17, the bulls broke the 12-day EMA and the 26-day EMA and reached the bullish trend zone. The crypto reached the $3,700 price level but was retracing to a range bound movement above the EMAs.

Meanwhile, the stochastic is out of  the overbought region but above the 20% range which indicates that Bitcoin is in bearish momentum and a sell  signal. The MACD line and the signal line are below the zero line which indicates a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 68737.85 (-0.10%)
Объем 24H $41.911b
Изменеия 24h: -0.06 %, 7d: -3.34 %
Cегодня L: $66916.68 - H: $68910.37
Капитализация $1359.497b Rank 1
Цена в час новости $ 3667.55 (1774.22%)

trend bullish price levels yesterday zone bitcoin

trend bullish → Результатов: 126


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – May 15

The coin has been overwhelmed by the recent surge in volatility. The 0.236 and 0.382 Fib. retracement levels had been the continuation zone for the bullish trend. BTC/USD Medium-term Trend: Bullish Resistance Levels: $7,750, $8,000, $8,250 Support levels: $7,500, $7,250, $7, 000 Yesterday, May 14, the price of Bitcoin was in a bullish trend zone. […]

2019-5-15 10:31


Фото:

Bitcoin Market ‘Still in a Growth Phase,’ Says Bullish Trading Expert

Octagon Strategy trader Ryan Rabaglia reminds investors to look at the bigger picture for Bitcoin, while claiming increased regulation will eventually drive prices higher. ‘The Markets are Still in a Growth Phase’ A trending belief in the cryptocurrency space over recent months is that increased regulatory clarity will drive the price of Bitcoin higher and help it break out of a half-year-long bearish trend.

2018-7-3 10:00


Фото:

Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s.

2018-7-1 19:35