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Bitcoin Call

Bitcoin rejected at the previous June Lows, thats a Good sign 

Bitcoin was rejected last night during the last minutes of the Asian close to fall below the June Lows, this represents an excellent signal. 

What makes this far greater, is that following this, over the course of the day, Bitcoin jumped from $5800 to $6100. 

Bitcoin for the past few days has been flirting with this position, if Nouvive’s Indiciators are correct, we would see Bitcoin close today above $6200,

with some parts of the day Bitcoin trying to trespass past $6400, before being rejected at this level. 

This would seem correct based on the RSI Stoch Crossover, as well as the current momentum seen earlier in the day during the London Open. 

Moreover, according to the Buy/Sell – BID/ASK levels, there are gaps at $6176 as well as $6375. If BTC surpasses the first level, it would definitely, according to the Volatility take the second Level. 

 

Nouvive recommends a buy between $5990 with a stop loss at $6035 and a take profit 1 at $6176 and a second take profit at $6350.

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Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

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408

ViFeed Indicators

Bitcoin (BTC)
$3233.96
46.00 RSI
-0.68%
Hold
XRP (XRP)
$0.29
43.00 RSI
-1.36%
Buy
Ethereum (ETH)
$84.41
47.00 RSI
-0.23%
Hold
Tether (USDT)
$1.01
19.00 RSI
0.27%
Buy
Stellar (XLM)
$0.1
53.00 RSI
-3.02%
Hold
EOS (EOS)
$1.9
47.00 RSI
3.44%
Hold
Litecoin (LTC)
$23.76
46.00 RSI
1.21%
Hold
Bitcoin Cash (BCH)
$77.36
42.00 RSI
-3.74%
Buy
Bitcoin SV (BSV)
$68.17
48.00 RSI
-2.97%
Hold
TRON (TRX)
$0.01
34.00 RSI
-0.16%
Buy
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