Bitcoin Forum
October 23, 2018, 11:11:09 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: BTCUSD Bullish Divergence  (Read 61 times)
aranacj
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
June 23, 2018, 01:40:05 AM
 #1

Will BTC rage against the USD:

https://ibb.co/kqRPN8

Based on D1 chart and RSI, we can see that we have a bullish divergence.

Is this a right time to open a position?
1540293069
Hero Member
*
Offline Offline

Posts: 1540293069

View Profile Personal Message (Offline)

Ignore
1540293069
Reply with quote  #2

1540293069
Report to moderator
1540293069
Hero Member
*
Offline Offline

Posts: 1540293069

View Profile Personal Message (Offline)

Ignore
1540293069
Reply with quote  #2

1540293069
Report to moderator
1540293069
Hero Member
*
Offline Offline

Posts: 1540293069

View Profile Personal Message (Offline)

Ignore
1540293069
Reply with quote  #2

1540293069
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
cindygirl
Full Member
***
Offline Offline

Activity: 210
Merit: 101



View Profile
June 23, 2018, 09:02:31 AM
 #2

Hitting a new low for the year doesn't seem like that bullish of a signal to me. It does seem like a good time to buy though given the old adage of buying low and selling high.

Proton2233
Sr. Member
****
Offline Offline

Activity: 420
Merit: 252


View Profile
June 23, 2018, 09:57:33 AM
 #3

Hitting a new low for the year doesn't seem like that bullish of a signal to me. It does seem like a good time to buy though given the old adage of buying low and selling high.
Before the market turns, it always shows a negative trend. Bears are grasping at the last opportunity to buy coins. I also see the market's readiness for growth, but this cannot be predicted. A reversal can happen at any time. It seems to me that bitcoin will not fall below 6000 dollars.
shulio
Legendary
*
Offline Offline

Activity: 1442
Merit: 1016


View Profile
June 23, 2018, 09:29:04 PM
 #4

Instead of jumping in BTC right now, I will prefer to buy after the price get to 6500 dollars to be safer.
susila_bai
Hero Member
*****
Offline Offline

Activity: 952
Merit: 524


View Profile
June 23, 2018, 09:34:24 PM
 #5

If you are thinking about investment then I think that you can start to buy in split so that if their  is any more low you can buy more but right now IS A good price to buy for shorterm profit
BitHodler
Legendary
*
Online Online

Activity: 1050
Merit: 1070


View Profile
June 23, 2018, 10:09:11 PM
 #6

Instead of jumping in BTC right now, I will prefer to buy after the price get to 6500 dollars to be safer.
It depends on what your target is. If you plan to hodl for the long term, and I mean actual long term, then buying currently is the best possible option. It makes no sense to wait if your target is clear.

What difference does a few percent make when we at some point hover over the $100,000 mark? No difference. People turned bearish but these cycles are normal and temporary of nature ~ we'll turn sooner or later.

Just like it can't keep going up endlessly, it can't keep going down endlessly. Sellers are close to exhausting their resources and that's when we'll be going back up again. Patience is key.

pawel7777
Legendary
*
Offline Offline

Activity: 1708
Merit: 1078


We're all gonna make it


View Profile WWW
June 23, 2018, 10:18:33 PM
 #7


Don't catch a falling knife. Volume is low. Sub 6k is still very possible.

BitcoinNewbie15
Sr. Member
****
Offline Offline

Activity: 462
Merit: 287

Bitcoin isn't a bubble. It's the pin!


View Profile
June 23, 2018, 10:28:23 PM
 #8


Don't catch a falling knife. Volume is low. Sub 6k is still very possible.

I agree, I'd argue sub $6k is looking pretty likely... It is interesting to see how we bounced off of the $59xx price range, so that gives me a little hope. But honestly, there is no reason to think that the bear market is over yet. I just hope these bulls take over soon...
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!