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Closing the Last Candle in 2018: Summary & Possible Continuations for Bitcoin by aezakmi

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· @aezakmi · (edited)
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Closing the Last Candle in 2018: Summary & Possible Continuations for Bitcoin
## 2019 could begin bullish 


Looking at the daily BTC/USD chart, we can see that Bitcoin seems to be building a bullish flag pattern. Currently we're just below the 0.236 fibonacci retracement, heading toward the 21 day MA (yellow), which could act further as our support. The MACD is still above the signal line, heading upwards for now. We also build kind of a trend line on the RSI, which also could act as a fuel for the bullish flag.


<h3><sub>[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQma9ZwrQzKLpbyBb8PoLjHYNeHPtJkAysxUV4BeTxUAEFC/Bitcoin%20daily.png)</sub></h3>![Bitcoin daily.png](https://cdn.steemitimages.com/DQma9ZwrQzKLpbyBb8PoLjHYNeHPtJkAysxUV4BeTxUAEFC/Bitcoin%20daily.png)




## Moving Averages

Nothing to much to say here; on the CMC chart, we're further away from the 0.236 retracement and holding the support at the 34 day MA (purple). An important, future - predicting moment will be when the 21 MA (yellow) will meet the 55 day MA (blue). This will happen perhaps after 2-3 weeks from now.

<h3><sub>[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmWJSPbJLvNT4QuG8cjg8zja3WUrE9mNcqYpXcnXNauqhz/Bitcoin%20MA's.png)</sub></h3>![Bitcoin MA's.png](https://cdn.steemitimages.com/DQmWJSPbJLvNT4QuG8cjg8zja3WUrE9mNcqYpXcnXNauqhz/Bitcoin%20MA's.png)

## Weekly chart ([update from the 2014 comparison post](https://steemit.com/bitcoin/@aezakmi/the-ultimate-bitcoin-forecast-based-on-the-2014-movement))
So far, we're going as planned. It looks like we're about to revisit the support (200 MA weekly), in the coming weeks.

<h3><sub>[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmYa1QPuUcmxWSAf7hdQ6AFeABassa5hdRSDdWFvGqHBrA/Bitcoin%20weekly.png)</sub></h3>![Bitcoin weekly.png](https://cdn.steemitimages.com/DQmYa1QPuUcmxWSAf7hdQ6AFeABassa5hdRSDdWFvGqHBrA/Bitcoin%20weekly.png)


## Closing the last candle
Bitcoin is closing today the 12th and last candle for 2018. We're just below the 34 MA (purple) on the monthly chart, with a potential attraction towards the 55 MA (blue), currently at ~ 2800$. A brief visit at this level is not excluded.

<h3><sub>[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQma8oEwaBEuasH6WLAFtwE2BkD8UoF2tBDP6mPpgPQ6Pha/Bitcoin%20monthly.png)</sub></h3>![Bitcoin monthly.png](https://cdn.steemitimages.com/DQma8oEwaBEuasH6WLAFtwE2BkD8UoF2tBDP6mPpgPQ6Pha/Bitcoin%20monthly.png)



<center>![steem --- line.png](https://cdn.steemitimages.com/DQmd5CjVzyCNTtwZb4dqToA1qPAF8hFWpjYHXpNDSL5LM2u/steem%20---%20line.png)</center>

<center>![mywolf.gif](https://cdn.steemitimages.com/DQmYdJxHtrns6waecoP7wLGCy9ToPPiygHWGq2jUmoBfnGk/mywolf.gif)</center>

### These are some of the exchanges I use:
<sub>*(you can support my work by registering via these links)*</sub>

- [Bitfinex](https://www.bitfinex.com/trading) - my most used exchange
- [Binance](https://www.binance.com/?ref=10893820) - most popular exchange
- [Kucoin](https://www.kucoin.com/#/?r=E2Yrch) - excellent exchange, rising in popularity
- [Gate](https://gate.io/signup/1674453) - for small cap / new coins
- [Huobi](https://www.hbg.com/en-us/topic/invited/?invite_code=rvws3) - margin trading
- [Coinexchange](https://www.coinexchange.io/?r=31a70742) - big variety of coins

--- 

<center> **`ALWAYS CREATE A DIFFERENT PASSWORD FOR EACH EXCHANGE!`**
**` NEVER HAVE THE SAME PASSWORD TWICE! `**
**`SAVE THE PAGES TO YOUR BOOKMARKS, SO THAT YOU WON'T CLICK ON SCAM SITES! MANY GOT FOOLED AND LOST A LOT OF MONEY!`**</center>

<center>![steem --- line.png](https://cdn.steemitimages.com/DQmd5CjVzyCNTtwZb4dqToA1qPAF8hFWpjYHXpNDSL5LM2u/steem%20---%20line.png)</center>

## <center>**Thanks for reading and safe trading!**&#9996;	</center>
### <center>**If you find this post useful, please:**</center>
<center><a href="https://steemit.com/@aezakmi">![aezakmi gif.gif](https://cdn.steemitimages.com/DQmdzruKqt4wz2eGto3kRuzxhkJAqRceor9vL9d1p9FWY5s/aezakmi%20gif.gif)</a></center>
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