Technical analysis regarding the price of BITCOIN in relation of dollar Tether for the next scenarios, based on 1 hour movement.
The price of BITCOIN has given a very strong PUMP these days, as many celebrities are publishing hashtags on bitcoin on their social media, thereby bringing more demand on cryptocurrency. This is very good and well, there are pros and cons that people point out. As long as I'm still profiting from it, everything will be fine!
Thus, I strongly believe that the price of cryptocurrency will remain more volatile and will increase in the next scenarios. I projected the next observed targets onto the graph, with Fibonacci channel projection.
MACD with strong buying mass and a lot of financial volume coming in!
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
The price of BITCOIN has given a very strong PUMP these days, as many celebrities are publishing hashtags on bitcoin on their social media, thereby bringing more demand on cryptocurrency. This is very good and well, there are pros and cons that people point out. As long as I'm still profiting from it, everything will be fine!
Thus, I strongly believe that the price of cryptocurrency will remain more volatile and will increase in the next scenarios. I projected the next observed targets onto the graph, with Fibonacci channel projection.
MACD with strong buying mass and a lot of financial volume coming in!
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
