BTC under 3k in 2018
BTC Short
Here we have 1d BTC:
- blue dashed line is simple linear regression (days/close price).
- rainbow-line is Hull Moving Average 100 days.
- green-red-line is simple moving average 400 days.
- grey line is 800 days moving average,
- middle green doted line (between the previous two) is weekly MA20-STDEV20 (see Bollinger Bands)
- and than standard Coppock and simple SMI Ergodic Indicator.
Looking at how events unfold at 2014, I think the downtrend is here to stay:
- probably on the long run (meaning 2018), we might see BTC under MA800day, which means BTC under 3k in 2018.
- as for mid-term (March-April-May) BTC might bounce back at ~6.5k and/or at ~5k.
This is NOT a trading advise, just my biased ideas. (My advise would be: use stop-sell, always calculate risk and try to avoid FOMO.)
Criticism welcome!
Here we have 1d BTC:
- blue dashed line is simple linear regression (days/close price).
- rainbow-line is Hull Moving Average 100 days.
- green-red-line is simple moving average 400 days.
- grey line is 800 days moving average,
- middle green doted line (between the previous two) is weekly MA20-STDEV20 (see Bollinger Bands)
- and than standard Coppock and simple SMI Ergodic Indicator.
Looking at how events unfold at 2014, I think the downtrend is here to stay:
- probably on the long run (meaning 2018), we might see BTC under MA800day, which means BTC under 3k in 2018.
- as for mid-term (March-April-May) BTC might bounce back at ~6.5k and/or at ~5k.
This is NOT a trading advise, just my biased ideas. (My advise would be: use stop-sell, always calculate risk and try to avoid FOMO.)
Criticism welcome!
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.