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14 Jul 2020 00:48:13 UTC
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Bitcoin Analysis 14July 2020
Bitcoin currently is trading in a range, and it has been moving in the same range for almost a month now, We need to keep watching for a bigger move, as we still didn't see a movement after the halving, potentially this would be happening very soon.
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Bitcoin is hovering around for more than a week now, In a tight range without a huge mover or percentage change.
We have seen some weakness in term of price momentum, that what indicate the RIS stochastics as well, as it starts dipping below the 25% which indicate that we might enter the oversold area, therefore more consolidation before it reverses the trend.
For the day we can say that Currently Bitcoin it's trading in a range between 9220 and 9562.
For the moment the general trend in Bearish on Bitcoin unless we see another move that contradicts our hypotheses.
Thank you for reading this and help us by supporting, it's highly appreciated.
Have a good day and happy earning.
@cryptouss
------------------------------------------- DISCLAIMER ------------------------------------------
This is not a financial advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might have the wrong assumptions in some cases.
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BITCO
02-06-2020-
Bitcoin has shown a sudden upward move this night, As it breaks to throw the phycological resistance line and continue trending higher.
Our new Support line became 10,000 as bitcoin show more and more strength along with its trend.
we will be updating our analysis accordingly to provide more accurate analysis for that event.
Enjoy Hodlers. This is your time to shine.
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BITCO
09-06-2020-Night
Bitcoin is showing a very small pullback from yesterday low $9580, The
Stochastic RSI indicatess around 75%.
For now, Bitcoin is ranging for the day between 9866 and 9650, not that much of movement.
We will keep watching for any updates.
The General Trend is **Bullish** for tomorrow.
Thank you for reading this post, help us by up-voting it's highly appreciated. Have a good day and happy earning. @cryptouss
-----DISCLAIMER----- This is not an Investment advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might be wrong.
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BITCO
04-06------2
Bitcoin Has shown small relatively correction from its dump in 2Jun Evening, and trading currently around 9640.
As long As BTC is trading above 9240 on 4 June and 9370 on 6Jun, which is the Support trend line we will stay bullish on Bitcoin.
Now Checking the hourly chart for the day, we will see that Bitcoin is trading in a range from 9468 to 9694, As long as it breaks this resistance level it will become support and obtain another range.
Thank you for reading this post, help us by up-voting it's highly appreciated. Have a good day and happy earning. @cryptouss
-----DISCLAIMER----- This is not an Investment advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might be wrong.
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BITCO
1june2020
Bitcoin has been in an uptrend for the past two months, As we see in the chart above, on 25 May Bitcoin tested 8650 area, which is the support line for the uptrend, and it kept moving up.
At this moment, Bitcoin is trading in a narrow range which creates a triangular formation that should be going out of it next week.
In general, we will see A big move at the end of the first week of June.
As long as it holds above the trend support line we are bullish on bitcoin. The next level is 9740 then 10000 psychological levels.
Thanks for your reading, help us by supporting our post.
Have a good day and happy earning.
@cryptouss
------------------------------------------- DISCLAIMER ------------------------------------------
This is not an Investment advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price. WE MIGHT BE WRONG.
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BITCO
28-06-2020
Bitcoin for Late 27 June, continue to show some negativity around the general sentiment for price action. It shows that it's having support around 8800 and 8700 levels that were previously on 25 May,
currently, Bitcoin price has broken the uptrend channel and trading around 9000. The general trend is bearish at this moment unless we see some good support or a reversal.
Thank you for reading this post, help by supporting it's highly appreciated.
Have a good day and happy earning.
@cryptouss
------------------------------------------- DISCLAIMER ------------------------------------------
This is not a financial advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might have the wrong assumptions in some cases.
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LBC P
07-06-2020
For lbc Price, We have seen for Early Today Sunday 07 June a strong bounce from 291 Sat level
straight up to 380 sat, before it correct and trading currently at 360 Sat as it's 3.5 CENT
tRADING RANGE is from 300 sat to 390 for today.
We have seen a strong support at 290 sat,
therefore there is high probability that it could be a reversal point.
We will keep you updated. Thanks for keeping up.
have a good day
Thank you watching, help us by supporting it's highly appreciated. Have a good day and happy earning. @cryptouss
-----DISCLAIMER----- This is not an Investment advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might be wrong.
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BITCO
09-06-2020-1
Bitcoin is trading in a narrow range for a couple of days nothing has been changed with our last analysis, As we stay bullish on Bitcoin as long as it holds above the support trend line.
Bitcoin has held it's the price above $9480 for 8 June, therefore with our analysis bitcoin is holding its level without any change so far.
We will be looking for Tuesday price as it should hold above $9435 by the end of the day of 9 June,
to stay bullish on Bitcoin.
The General Trend will remain bullish if nothing changed.
Thank you for reading this post, help us by up-voting it's highly appreciated. Have a good day and happy earning. @cryptouss
-----DISCLAIMER----- This is not an Investment advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might be wrong.
[Image Source: tradingview.com]
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