BITCOIN – 13 May

On 4hr chart, btc continue to test the resistance around 7500 zone. As mentioned previously despite this rally looking parabolic enough, it just keep breaking resistance levels easily (tether FUD, upcoming possible demand and volume from the institutional fund, short squeeze) who knows we might just hit 10,000 shortly and ready to make new highs in 2017. btc dominance about to test previous top resistance, money flow may start to move back into alt.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :116
Total marketcap :220
Dominance :59.3
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S)

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

Add your Scripsio!

Join Scripsio and write what you write!
Be a part of the Scripsio community. Share what you have written.

Comments

No comments yet