Today, we have now a cryptocurrency technical evaluation tutorial and dialogue of bitcoin weekly traits by our good mates at All Things TA. We hope that this dialogue and cryptocurrency traits will likely be useful to you and can assist put together you the 12 months in crypto in 2019. This Bitcoin tutorial will likely be brief and to the purpose, of us.
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Quotes from the evaluation:
“THE WEEK HAS CLOSED NEGATIVE WITH A RED CANDLE
WE ARE STUCK IN A TIGHT RANGE FOR MULTIPLE WEEKS AND LITTLE TO SHOW FOR IT.
THE IDEA OF 5200 IS BECOMING LESS LIKELY AS WE ARE STILL MAKING LOWER LOWS AND LOWER HIGHS.
WE ARE STILL IN A DESCENDING TRIANGLE AND A BREAK IN EITHER DIRECTION CAN CREATE STRONG MOMENTUM TOWARDS THE DIRECTION IT BREAKS.
WE ARE LOOKING FOR BUYING PRESSURE TOWARDS THE WEEKLY 200MA AND THE 3100 SUPPORT. IF WE BREAK BELOW THESE LEVELS, WE CAN EXPECT FURTHER DOWNSIDE
“STAY SAFE, TRADE SAFE” – ALL THINGS TA”
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Ian Balina is an influential Blockchain and Cryptocurrency Investor, Advisor, and Evangelist. He has appeared in The Wall Street Journal, Forbes, CNBC, Huffington Post, The Street, INC and Entrepreneur Magazine for his work in analytics, cryptocurrencies, and entrepreneurship.
A former Analytics Evangelist at IBM, Ian has introduced a data-driven, “money-ball” strategy to investing in cryptocurrency token gross sales (ICOs), known as “Token Metrics”.
Ian is a founder and General Partner at 100X Advisors and presently advises MetaHash, Phantasma Protocol, Nucleus Vision, and Pareto Networks. In addition to being the primary Global Titan Ambassador for KuCoin Cryptocurrency alternate.
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