Bitcoin Price Action Morning Update

by Franco on February 27, 2018

Bitcoin Price Action Morning Update

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Probable Bitcoin Buy-In Points:

1. $8,900 – $9,200 range
2. $$8,000 – $8,200 range
3. $13,000 – $13,500 range

Buy on support or buy on breakout confirmation.

Bitcoin broke through a very important resistance point at $10,800 but failed to hit $11,200 so it decided to take a little dip. When it breaks through that zone around $11,200 – $12,000 then we’ll confirm nice bullish territory for another run at $15K etc…

Probable Litecoin Entry Points Below $216.

Looking for a nice 8% – 10% gain to around $230 for LTC

Will reevaluate there for potential dip where I’d want to go back to $ or USDT (tether) and wait for next solid entry.

Watching their 20 EMA (exponential moving avg) and their 50 Day Smooth Moving Average including the Williams %R and Stochastic RSI.

Using TradingView for charts.

This is only for those not just long term HODLing (holding) but rather those actively trading for small incremental gains during bearish conditions to stack up extra coins.

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