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#Post#: 196--------------------------------------------------
What Trend looks like for Bitcoin
By: VErbadoo Date: September 7, 2019, 10:52 am
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[img width=400
height=188]
HTML https://www.tradingview.com/x/0WrD1HfS/[/img]
Its bitcoin riding the upperband of the 500 daily bollinger. I
marked every time it touches it and resumes trend.
Some of you may have heard of the group of chinese ico scammers
that ran away with $2.9 billion
HTML https://www.theblockcrypto.com/2019/08/17/an-alleged-cryptocurrency-exit-scam-swindled-2-9-billion-but-main-suspects-still-on-the-run/
Although, you can't always trust the news, I inclined to think
this is more of prop to pin the blame on, that doesn't really
matter though.
What does matter is that it is evident there are very large
whales in the market who do not share the same belief in bitcoin
as the wider community and are unloading their bags BUT they
have shown (according to the 500daily Bollinger) that they do
not want to dump their bags below 10k
#Post#: 202--------------------------------------------------
Re: What Trend looks like for Bitcoin
By: Ziadjbt78 Date: September 7, 2019, 4:26 pm
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[quote author=VErbadoo link=topic=161.msg196#msg196
date=1567871522]
[img width=400
height=188]
HTML https://www.tradingview.com/x/0WrD1HfS/[/img]
Its bitcoin riding the upperband of the 500 daily bollinger. I
marked every time it touches it and resumes trend.
Some of you may have heard of the group of chinese ico scammers
that ran away with $2.9 billion
HTML https://www.theblockcrypto.com/2019/08/17/an-alleged-cryptocurrency-exit-scam-swindled-2-9-billion-but-main-suspects-still-on-the-run/
Although, you can't always trust the news, I inclined to think
this is more of prop to pin the blame on, that doesn't really
matter though.
What does matter is that it is evident there are very large
whales in the market who do not share the same belief in bitcoin
as the wider community and are unloading their bags BUT they
have shown (according to the 500daily Bollinger) that they do
not want to dump their bags below 10k
[/quote]
Awesome analysis please feel free to share it to our crypto
community members across our Facebook groups for more visibility
and exposure
Keep up a job greatly done!
Admin
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