Bitcoin price hourly chart showing the plunge below key support levels. Source: TradingView. BTC/USD is trading towards the 50-SMA at $13,568, below which the 100-SMA provides further support at $13,086. If bears take out this zone, Bitcoin could plunge below $13,000 and open up a potential drop to the 200-SMA at $12,086. If you want to be hands-on with your bitcoin investment and trade in and out of the digital currency to generate a profit, you will need the best bitcoin charting tools.. In this article, you will be introduced to the leading charting platforms you can use to make better investment decisions when trading bitcoin. Overbought and oversold lines overlay the chart and they typically have the default values of 70 (overbought) and 30 (oversold). When the line crosses the upper, overbought, line it is said that the price may be due for downward move. The opposite is said when it crosses the lower (oversold) line: The price may be due for a move back up. bnb chart Cryptocurrencies Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin Currencies EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF Stocks Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc Indices S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index Futures Gold, Silver, Crude Oil, Natural Gas, Corn,Read More BTCUSDT: Update 15M chart BTCUSDT: Update 15M chart for BINANCE:BTCUSDT by sinaosivand — TradingView Related Ideas Published at Sun, 08 Nov 2020 23:59:22 +0000 Chart 2 - Price of Bitcoin in USD (2016-2019) with major two forks Source: Binance Research, Bloomberg While the price of Bitcoin remained around USD 1,000-2,000 until early 2017, the second half of 2017 saw Bitcoin reaching new highs with a sharp increase in late 2017 to reach an all-time high slightly below USD 20,000 . 1. What is a trade journal? A trade journal is a method which allows you to describe all the relevant details of every trade that you take. 2. Should I have a trade journal? Every single trader MUST have a trading journal. Without having a clear picture for each of your trades, it will be very hard to become a successful trader. 3. How does a trade journal help me?
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