Bitcoin , ethereum , Price Technical Analysis New Record !!
Here is the Short Analysics
Technical Indicators Signals
The 100 SMA dynamic support lines up with the 50% Fibonacci retracement level at the $3000 major psychological level at which several buy orders are likely located. A shallow pullback could find support at the 38.2% Fib before bouncing back to the latest highs and beyond.
Stochastic is on the move down to signal that sellers are regaining control of Bitcoin price action. RSI is also turning lower so Bitcoin might follow suit. Once both oscillators hit oversold levels and turn higher, buying pressure could return and allow the uptrend to resume.
If You Want to Read More Visit This Article :
https://goo.gl/pBZkZk
Ethereum
Ether Price Gains Traction
There is a short-term ascending channel forming with support at $261.00 on the 2-hour chart, causing the pair to continue surging higher. The current channel resistance is near $274.00.
The price is likely to challenge the recent high of $271.90 and could even break it to test the channel resistance at $274.00. If the rising channel stays intact for the next few sessions, there are possibilities of ETH/USD testing the $290.00-300.00 zone.
On the downside, the channel support is very important at $261.00. Should there be a close below $261.00, the price could test the 50 percent Fibonacci retracement level of the last wave from the $220.00 low to $271.90 high.
Read More About Eth :
https://goo.gl/am3dW9
Thanks
hi Kr-tv:) Nice to see more people like you - here joining steemit! Becoming a steamian is a great adventure! Here you can win money while bloging! At the beginning it wouldn't be easy, but it isn't impossible. So just write from your heart and everything will be allright. Wish you much luck! Cheers! Wish you much luck! Greetings, @khunpoom!
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://www.newsbtc.com/2017/08/07/bitcoin-price-technical-analysis-08072017-new-record-highs/
Am Already Mention This Link in my Article Sir
Great post !!!
Follow me and I will follow you !!!
And lets do the comments and upvotes exchange !!!!
We think alike! Upvoted!
My analysis recently nailed the Bitcoin Cash surge, please check it out:
https://steemit.com/bitcoin/@haejin/bitcoin-cash-update-wow-a-great-call
Respect! I saw that you joined recently so welcome aboard. Here's an upvote from me and don't forget to upvote others!
Getting those upvotes on a new account can be a daunting task, believe me, so I suggest you to try out Steemfollower as you can earn 5x more steem than just upvoting by yourself! It's a simple and safe vote exchange that is free to use. I compiled this post to explain the system in more depth and it has become my most upvoted post yet.
Nice Post Thanks For sharing i have 21 Bitcoin . i purchase at 563$ :)