Bitcoin: Possible Signs Of A Further Rally

Bitcoin Daily (1)

<ul> <li>we're holding above the 21 day EMA (yellow) for now <li>notice how the <strong>RSI approaches the 40-ish mark, where we saw a few bounces before; actually all our rallies started from this RSI level in the last months, so it might happen again <li>the <strong>MACD indicates a rejection at the signal line and an increasing bearish <strong>Histogram <p dir="auto"><h3><sub><a href="https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmf2tCV2sv65ov9LAg7SaFJ7F1cTbnwQAdUheAPQ9ooydk/btcdaily.png" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Ctrl + Click here to enlarge the image in a new tab (steemitimages)<img src="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmf2tCV2sv65ov9LAg7SaFJ7F1cTbnwQAdUheAPQ9ooydk/btcdaily.png" alt="btcdaily.png" srcset="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmf2tCV2sv65ov9LAg7SaFJ7F1cTbnwQAdUheAPQ9ooydk/btcdaily.png 1x, https://images.hive.blog/1536x0/https://cdn.steemitimages.com/DQmf2tCV2sv65ov9LAg7SaFJ7F1cTbnwQAdUheAPQ9ooydk/btcdaily.png 2x" /><p> <h2>Bitcoin Daily (2) <ul> <li>it looks like we're building a symmetrical triangle, which can break either way <li>we broke Ichimoku's <strong>Tenkan and are heading again toward the <strong>Kijun, still having a thick support-cloud below us <li>the <strong>OBV also indicates a symmetrical triangle and it usually leads the way, breaking the support/resistance before the price does, so keeping and eye on it could turn out to be pretty wise <p dir="auto"><h3><sub><a href="https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmdQYNZboC92Ln8RDJMrsdPZYhwiM9hfK1rPVeED18huws/btcdaily2.png" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Ctrl + Click here to enlarge the image in a new tab (steemitimages)<img src="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmdQYNZboC92Ln8RDJMrsdPZYhwiM9hfK1rPVeED18huws/btcdaily2.png" alt="btcdaily2.png" srcset="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmdQYNZboC92Ln8RDJMrsdPZYhwiM9hfK1rPVeED18huws/btcdaily2.png 1x, https://images.hive.blog/1536x0/https://cdn.steemitimages.com/DQmdQYNZboC92Ln8RDJMrsdPZYhwiM9hfK1rPVeED18huws/btcdaily2.png 2x" /><p> <h2>Moving Averages <ul> <li><p dir="auto">the <strong>Daily chart: we're finding support at the 21 (yellow) EMA and will probably revisit the 34 (purple). As I said in my previous posts, our next bigger corrections will take us to the 55 EMA (blue) and perhaps to even lower levels, such as the 200 day MA (grey) <li><p dir="auto">the <strong>Three day chart: for now, we're finding support very clearly at the 8 EMA (brown), with wicks extending to the 13 (green) and finally have the 55 (blue) crossing the 200 (grey), which in 2015 marked the beginning of the bull-run, with the price finding support at the 55 every now and then <p dir="auto"><h3><sub><a href="https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmbhEev23WekdCfaYB9oQTQYBfMcV4nrynni4SQWqJzM4e/btcmas.png" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Ctrl + Click here to enlarge the image in a new tab (steemitimages)<img src="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmbhEev23WekdCfaYB9oQTQYBfMcV4nrynni4SQWqJzM4e/btcmas.png" alt="btcmas.png" srcset="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmbhEev23WekdCfaYB9oQTQYBfMcV4nrynni4SQWqJzM4e/btcmas.png 1x, https://images.hive.blog/1536x0/https://cdn.steemitimages.com/DQmbhEev23WekdCfaYB9oQTQYBfMcV4nrynni4SQWqJzM4e/btcmas.png 2x" /><p> <p dir="auto"><center><img src="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmd5CjVzyCNTtwZb4dqToA1qPAF8hFWpjYHXpNDSL5LM2u/steem%20---%20line.png" alt="steem --- line.png" srcset="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmd5CjVzyCNTtwZb4dqToA1qPAF8hFWpjYHXpNDSL5LM2u/steem%20---%20line.png 1x, https://images.hive.blog/1536x0/https://cdn.steemitimages.com/DQmd5CjVzyCNTtwZb4dqToA1qPAF8hFWpjYHXpNDSL5LM2u/steem%20---%20line.png 2x" /><br /> <center><img src="https://images.hive.blog/0x0/https://cdn.steemitimages.com/DQmYdJxHtrns6waecoP7wLGCy9ToPPiygHWGq2jUmoBfnGk/mywolf.gif" alt="mywolf.gif" /> <h2><center> Thanks for reading! <p dir="auto"><center><img src="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmYcTYvf6NrTJYQQgWebpedjuzpoRKc2WdAdHpuaY6Z1mv/steem%20line%202.png" alt="steem line 2.png" srcset="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmYcTYvf6NrTJYQQgWebpedjuzpoRKc2WdAdHpuaY6Z1mv/steem%20line%202.png 1x, https://images.hive.blog/1536x0/https://cdn.steemitimages.com/DQmYcTYvf6NrTJYQQgWebpedjuzpoRKc2WdAdHpuaY6Z1mv/steem%20line%202.png 2x" /> <ul> <li><h3><div class="phishy">My most used Exchanges: <ul> <li><a href="https://www.bitfinex.com/trading" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Bitfinex - My most used exchange & Margin Trading <li><a href="https://www.binance.com/?ref=10893820" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Binance - Most popular exchange & Top Altcoins <li><a href="https://www.kucoin.com/#/?r=E2Yrch" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Kucoin - Excellent exchange, rising in popularity <li><a href="https://gate.io/signup/1674453" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Gate - For small cap / New coins <li><a href="https://www.hbg.com/en-us/topic/invited/?invite_code=rvws3" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Huobi - Margin trading <li><a href="https://www.coinexchange.io/?r=31a70742" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Coinexchange - Big variety of low-cap coins <li><a href="https://www.tokok.com/indexcode/WQL4OLCJ" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Tokok - Here you can find NEX! <hr /> <ul> <li><a href="https://drugwars.io/i/aezakmi" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">DRUGWARS - Play smart and earn STEEM! <hr /> <h3><center><a href="https://twitter.com/Aezakmi_Steemit" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Find me on Twitter for updates <hr /> <p dir="auto"><center><em><code>STAY SAFE - TIP: ALWAYS CREATE A DIFFERENT PASSWORD FOR EACH EXCHANGE!<br /> <em><code>NEVER USE THE SAME PASSWORD TWICE!<br /> <em><code>SAVE THE PAGES TO YOUR BOOKMARKS, SO THAT YOU WON'T CLICK ON SCAM SITES! <p dir="auto"><center><img src="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmd5CjVzyCNTtwZb4dqToA1qPAF8hFWpjYHXpNDSL5LM2u/steem%20---%20line.png" alt="steem --- line.png" srcset="https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmd5CjVzyCNTtwZb4dqToA1qPAF8hFWpjYHXpNDSL5LM2u/steem%20---%20line.png 1x, https://images.hive.blog/1536x0/https://cdn.steemitimages.com/DQmd5CjVzyCNTtwZb4dqToA1qPAF8hFWpjYHXpNDSL5LM2u/steem%20---%20line.png 2x" /> <h3><center><strong>Thanks for reading and safe trading!✌ <h4><center><strong>If you find this post useful, please: <p dir="auto"><center><a href="https://steemit.com/@aezakmi" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><img src="https://images.hive.blog/0x0/https://cdn.steemitimages.com/DQmdzruKqt4wz2eGto3kRuzxhkJAqRceor9vL9d1p9FWY5s/aezakmi%20gif.gif" alt="aezakmi gif.gif" />