## Bitcoin's daily price action

Nothing too spectacular happening in the market at the moment; Bitcoin is still hovering above the 3600$ area, with no signs of a potential reversal.  Currently we're in some sort of an ascending tragle pattern, which could lead to a potential breakout.  However, there's a heavy Ichimoku resistance cloud above us (circle), which means that Bitcoin will have too fight its way through. Also, the Kijun (red) is about to meet the Tenkan (blue), something that happened last time in November 2018.  The RSI is holding above the ascending trend line for now, but once we hit the upper line, we can see a correction. The MACD is also about to turn bullish. 


<h3><sub>[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmb1H4i2nPL2r8VCxzkLaPj9rX15ChJwYdkEWCmMNK377q/Bitcoin%20daily.png)</sub></h3>![Bitcoin daily.png](https://cdn.steemitimages.com/DQmb1H4i2nPL2r8VCxzkLaPj9rX15ChJwYdkEWCmMNK377q/Bitcoin%20daily.png)


## Moving Averages
[I previously wrote about the importance of the moment](https://steemit.com/bitcoin/@aezakmi/bitcoin-closing-the-last-candle-summary-and-possible-continuations) when the 55 MA (blue) will interact with the 21 MA (yellow):  <blockquote><p>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.</p></blockquote>
And what happened? Well, it brought a heavy resistance with it and we immediately got rejected. However, it looks like the 55 day MA will cross the 21 day MA in the coming days, if 'nothing bad happens'.
 

<h3><sub>[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmRjCxhi3C93MMDGLLdnavEZWcwqkC3wpVBooktyJgCERH/Bitcoin%20MA's.png)</sub></h3>![Bitcoin MA's.png](https://cdn.steemitimages.com/DQmRjCxhi3C93MMDGLLdnavEZWcwqkC3wpVBooktyJgCERH/Bitcoin%20MA's.png)



## Based on 2014
Here's the evolution of the chart, [based on the 2014 comparison](https://steemit.com/bitcoin/@aezakmi/the-ultimate-bitcoin-forecast-based-on-the-2014-movement). For now, we're going as expected, holding the level above the 200 weekly Moving Average.


<h3><sub>[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmSk3sKd5HWP2QNR4Xkif1XiS3pLafRcxsZcS1uUxkZREU/Bitcoin%202014%20continuation.png)</sub></h3>![Bitcoin 2014 continuation.png](https://cdn.steemitimages.com/DQmSk3sKd5HWP2QNR4Xkif1XiS3pLafRcxsZcS1uUxkZREU/Bitcoin%202014%20continuation.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>
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