Filed under Trading tips

The long waited confirmation for bullish Bitcoin

November 9, 2014 2:28 pm Published by Leave your thoughts

It’s happening! First of all check out how well the support level (black horizontal line on the chart) has been holding. The price bounced right back up after hitting it the second time with a significantly lower selling strength. This means that the buyers are slowly gaining strength and it’s well known that all the prices anywhere tend to go up much slower than when they fell. That’s why the bulls are always more patient traders and bears try to bite it quickly.   Let’s check out MACD When we add the MACD (moving average convergence/divergence) indicator to our charts... View Article