Bitcoin BTC - Trading Update - Morning Analysis - 04/26/18 - Looks Like We are Headed Down! by hawaiialoha

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cryptocurrency · @hawaiialoha ·
$0.94
Bitcoin BTC - Trading Update - Morning Analysis - 04/26/18 - Looks Like We are Headed Down!
![bitcoin_analysis.jpg](https://steemitimages.com/DQmeQFk5nc1kPCmwuT1QQtXXm9st1TjcrPnYvodaUVkLtZR/bitcoin_analysis.jpg)

Bitcoin has run out of steam in the short term. It is hitting up against resistance at $8900 which has been in place sind 4/21/18.

The MACD and the RSI are headed lower on the 4 hour and starting to confirm on the one day, thus we expect to see more movement to the downside.

The volume is slightly above average, thus based on the factors above there is a slight bearish bias.

We are still in cash as our trading strategy has been working out fairly well in the last few months.


# 4 hour

![btc4.jpg](https://steemitimages.com/DQmbDDRFhxvyVtLwsAxUPhu3hSRZfGYFb1bnWzNyJLENyTB/btc4.jpg)

# 1 day

![btc.jpg](https://steemitimages.com/DQmYiHALjgP1fjjGfX8B8RLoXzcofqrVxDEdp4T9NbeDR1i/btc.jpg)

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*(We are not professional traders this is just our opinion. The above references an opinion and is for information purposes only.  It is not intended to be investment advice.  Seek a duly licensed professional for investment advice.)*
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vote details (17)
@learner365 · 
thanx for the nice quick update bro :). good calls
👍  
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@porwalk82 · 
Thanks
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@cryptoiceman ·
$0.58
What USD/BTC on ramps are currently available in Hawaii? I remember seeing last yr Gemini wasnt offered yet
👍  
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vote details (1)
@hawaiialoha · 
Very little. I use ItBit to get fiat to BTC. I also have a Kraken account.
👍  
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@cryptoiceman ·
$0.57
Ah, I see ...thats cool, atleast there are some options to use in the meantime.
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@cryptoiceman ·
$0.44
I forgot to ask... does itbit have high minimums for regular individual acct?
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