I decided to make a video as it was quicker than my typical text analysis. I apologize for the interruptions throughout. I was multitasking and babysitting a 5 year old...haha. Good times.
If you like the video format more than the text, let me know.
If you're viewing this on a site other than Steemit, you may need to actually navigate to Steemit in order to watch the video.
Bitcoin Analysis Video:
Below you’ll find screen shots from my video analysis. Please watch the above video for much more detail.
Overview of major resistance/support areas:
Broke Above 21 Day EMA Resistance:
1 Day MACD Histogram being Squeezed:
Big Picture Count:
Bullish Count:
Zooming in on Bullish Count:
Bearish Count (Still Primary):
BIAS:
Short Term: Slightly Bearish
Longterm: Very Bullish
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Thanks for stopping by.
If you found this post informative, please:
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FYI…I just started a Facebook and twitter page where I’ll post analysis, along with other relevant crypto data from myself and others. If you’d like to be notified as soon as updates reach Steemit, the twitter handle is @Workin2005 and the Facebook page is https://www.facebook.com/Workin2005/
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by Workin2005
