Short time frame RSI and MACD show bullish divergence, supported by OBV (Lazybear) bullish divergence in the changing volume patterns. However Ichimoku Cloud does not agree but remains bearish. Bitcoin Dominance is in a top formation and the Altcoin Bull Market Watch reveals a clear direction in the Binance traded coins and tokens!
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24 Hrs of Bitcoin – Daily Technical Analysis Journal
Hello and welcome to the ’24 Hours of Bitcoin’, presented by Introtocryptos.ca, this bitcoin trading live stream is like a long, slow bitcoin trading lesson dripped out over time! my name is Doug and I am your host.
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https://introtocryptos.ca/simplefx – trade world markets with bitcoin
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https://introtocryptos.ca/bitfinex – well known bitcoin and crypto trading platform with lending
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Risk Disclaimer
There is considerable risk in bitcoin, altcoin or world market trading, and may not be suitable for all investors. Any trading involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of any financial market. Speculative investments may also be susceptible to sharp rises and falls as the relevant market values fluctuate. Leveraged trading can have a proportional effect on your trading account balance. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment, or more.
Hypothetical Results Disclaimer
Some trading commentary is based on hypothetical performance results that have certain inherent limitations and may not represent actual trading. Past performance does not predict future results. Predictions do not include the impact of market liquidity and no representation is being made that any account will or is likely to achieve profits or losses similar to those being shown. Forward looking statements include words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and are based on this author’s current expectations and assumptions regarding the market in question and actual results may vary significantly from those expressed or implied.
Before deciding to trade in any market you should carefully consider your investment objectives, level of experience, and risk appetite. You should not invest money that you cannot afford to lose. Seek advice from a certified independent financial adviser if you have any doubts.
Neither the author nor our affiliates are registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any other securities regulatory authority. Users are advised that all information is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user’s particular investment needs or objectives.
When addressing financial matters in any of our books, sites, videos, newsletters or other content, we’ve taken every effort to ensure we accurately represent our strategies and services and their ability to improve your trading or grow your portfolio. However, there is no guarantee that you will get any results or earn any profit using any of our ideas, tools, strategies or recommendations, and we do not purport any ‘get rich schemes’ in any of our content. Nothing in our training products are a promise or guarantee of earnings.
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DCA can be a crude but quite efficient way to accumulate bitcoins but hardcore holding can become an obsession that shouldn’t happen to anyone as you would most definitely regret it and is on its own a form of laziness. Bitcoin holders who bought in 2010 and have never spent it are just crazy people who could have spent and also created 100 sources of passive income by now. Start building streams of passive income now while taking advantage of the opportunities Bitcoin presents. As for me, I am trading using a well established and easy to use pattern and signal service by brandon gaston and with the efficacy of his methods, I am turning in at least $15K in profit in two week which I then invest most of into my fast-growing real estate business. This is a practical way to exploit the blessings of the blockchain technology and Ted can be reached through WhatsApp (+1512-348-8371) and Telegram, @Bgaston for insights into his system…
I like what you are doing here. Im learning some new things, engraining some old ideas in my mind as well. No matter what the markets do we can learn.
I like looking at precious metals/other stores of value and comparing them. LOT of similarities!
Eprhaps you may find interesting this link: <https://bitgur.com/chart/interest>
Thank you Doug for the T/A , I like it.
Great recap on BTC. I'm more inclined to Alts right now. Have some BTC buys above the market incase though. Let's hope the light sabre move picks them up tho !
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