 Yesterday's low was $6,320. I was expecting a little lower before a reversal. We need to break $6,600 with conviction to have a chance for a daily reversal and some more sustained upside. Daily TD flipped to green 1 today. If we manage to stay in a relatively tight range today and make a new high tomorrow we will have a daily buy signal based on this indicator. The MACD has flatten out and might cross up if we advance towards the $6,700-6,800 area. The RSI will also cross 50 and become bullish at the same time. I believe BTC will surprise everyone with an upside move. The overall sentiment is quite bearish at the moment. ### Weekly: Down ### Daily: Neutral ### 4 hour: Up ### 1 hour: Neutral ### Prediction for the day A move above $6,600 --------------------- If you don't have a BitMEX account yet please use this link to register and get 10% off commissions: https://www.bitmex.com/register/WGhKhX Signup for the first fully decentralized ALT coin exchange: https://www.altcoin.io?kid=KAVYG
author | cryptoaddict |
---|---|
permlink | btcusd-daily-chart-update-june-17-2018 |
category | cryptocurrency |
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created | 2018-06-17 06:52:45 |
last_update | 2018-06-17 06:52:45 |
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root_title | "BTCUSD Daily Chart update - June 17, 2018" |
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voter | weight | wgt% | rshares | pct | time |
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cryptoaddict | 0 | 9,547,797,234 | 100% | ||
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