Oct 14, · Bitcoin Price Weekly Analysis (14th of October, ) – Bitcoin Network, News, Charts, Guides & Analysis. By feuerwehr-matzenbach.de-October 14, - Advertisment - Share. Facebook. Twitter. Pinterest. so bitcoin price will mostly exceed the $6, mark during the upcoming week. Oct 14, · By admin on October 14, in. Key Points Bitcoin cash price struggled a lot and moved towards $ against the US Dollar. Recently, there was a break above two bearish trend lines with resistance at $ on the 4-hours chart of BCH/USD (data feed from Kraken). The pair now has . Our technical analysis is in favor of a short downwards price correction movement that might take price downwards to the level of the % Fib retracement. However, the overall trend is still bullish, so bitcoin price will mostly exceed the $6, mark during the upcoming week. Chart from Bitfinex, hosted on feuerwehr-matzenbach.de About Dr Tamer Sameeh.
Bitcoin price october 14 2017Bitcoin Price Weekly Analysis (14th of October, ) | Live Bitcoin News
Password recovery. Bitnewsbot Next Gen Bitcoin Blog. Bitnewsbot Next-Gen Bitcoin Blog. Bitnewsbot est Bitnewsbot Next-Gen Crypto Blog. By Bitnewsbot. October 14, So, where do we expect bitcoin price to be heading during the upcoming week? As such, we can expect price to drop down to Moreover, the MACD indicator is also bullish as the blue positive trend line is moving above the red negative trend line and both of them are in the positive territory.
The Ichimoku cloud confirms the overall upwards trend as price is now above the cloud. Also, the cloud is green which confirms that the overall trend is still bullish, even though downwards price correction is taking place. Chart from Bitfinex, hosted on Tradingview. Tags Bitcoin News Livebitcoinnews. Next article Where will bitcoin and blockchain be in ? Futurist Prisco weighs in — Crypto Insider. Please enter your comment! Please enter your name here. You have entered an incorrect email address!
News Bitnewsbot. Read more. Community Bitnewsbot. Community Ankit Singh - December 31, 0. Blog Bitnewsbot. Note: The Ichimoku cloud is a special chart that is used by technical analysts to determine key resistance and support levels; the momentum of price movements and the direction of price movement of an asset.
It is formulated to provide useful info via using moving averages kijun-sen and tenkan-sen to identify bearish and bullish crossover points. When plotted on 1 day charts, the clouds are created between the spans of the averages of the kijun-sen and the tenkan-sen plotted for the upcoming 6 months senkou span B , along with the midpoint of the 52 week low and high plotted for the upcoming six months too senkou span B. For more information about the Ichimoku cloud, refer to investopedia.
Our technical analysis is in favor of a short downwards price correction movement that might take price downwards to the level of the Leave a Reply Cancel reply You must be logged in to post a comment.