Hello everyone,
Feel welcome to looking at my small technical analysis of Bitcoin/USD on Coinbase meant for the upcoming weeks. Feel free to use it, but always think about it yourself first and do not believe another mans analysis too quickly. This analysis is mainly focused around finding good places to enter BTC and potentially cashing some out.
The indicators used are 4 different types of EMA's, where every one increased in period, meaning more reliance the higher period. Trendlines, not too many used now only one ascending and one descending. Key levels, I draw some grey boxes at price points where price had found resistance and support some times in history. Fibonacci, one old reliable fibonacci to provide us with more key levels.
Buy and sell zones are indicated on the chart with the green box and red box!
Sincerely,
Feel welcome to looking at my small technical analysis of Bitcoin/USD on Coinbase meant for the upcoming weeks. Feel free to use it, but always think about it yourself first and do not believe another mans analysis too quickly. This analysis is mainly focused around finding good places to enter BTC and potentially cashing some out.
The indicators used are 4 different types of EMA's, where every one increased in period, meaning more reliance the higher period. Trendlines, not too many used now only one ascending and one descending. Key levels, I draw some grey boxes at price points where price had found resistance and support some times in history. Fibonacci, one old reliable fibonacci to provide us with more key levels.
Buy and sell zones are indicated on the chart with the green box and red box!
Sincerely,