Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with SP500 technical analysis, stock analysis and more. Read our technical analysis blog to learn more.

Archive for the ‘BTC’ Category

November 22nd, 2019: BitCoin (BTC) Weekly Chart

Posted by pugsma on November 22, 2019

BTC Weekly Chart:

BTC Technical Analysis

Posted in BTC | Tagged: | 1 Comment »

February 4th, 2017: BTC Chart Update

Posted by pugsma on February 4, 2018

5:40 pm EST:   BTC/USD Daily Chart shows a potential bullish falling wedge with over sold RSI(14) that has produced a bottom the past three times during year 2017.   Also today’s low at 7840 is very close to a 62% Fibonacci retracement of 7599 from the 19,891 high.   A bullish falling wedge will typically produce a significant bounce of at least a 78% retrace, which would be a move up to 17,240 basis 19,891 to 7840.

BTC/USD Daily Chart:

Bitcoin

 

Posted in BTC | Tagged: | Leave a Comment »