Another Session of Amateurish (Bitcoin) Chart Analysis by trincowski

View this thread on steempeak.com
· @trincowski ·
$1.85
Another Session of Amateurish (Bitcoin) Chart Analysis
Today everyone at Steem was occupied with a session of Questions and Answers, where, apparently, very few questions were answered. It seems that the Tron/Steem affair will remain unclear for some time.

Meanwhile, while some people were distracted with that live session with Ned, I was watching the wild movements of Bitcoin. As you can see below, Bitcoin decided to test the support from the uptrend line which started in January 3rd, this year.

**After some tense moments, the volatility stopped and it has become clear that, for now, the uptrend is still intact. Bitcoin was around €300 short of breaking that lower line**, so who knows? It might revisit it and try again in the following days. 

![tq14t6.png](https://img.esteem.app/tq14t6.png)

Most day traders are expecting this line to be broken to the downside. They expect to see at least 8700€ or €8000, with some even calling for €7300 and €7000.

As for me, **I was looking at the bull run from 2019 and I noticed something interesting. As soon as Bitcoin started moving up, it has never violated the support lines to the downside, only to the upside.** 

![rbgvze.png](https://img.esteem.app/rbgvze.png)

In fact, **during 2019, every time people expected it to go lower, Bitcoin went the other way and the angle of the trend line tilted upwards even more.**

This happened from January to September... and the Bitcoin Halving event was still a year away.

 Shocking? Yes! But who knows? Maybe that's what is happening again...

![r0m0g1.png](https://img.esteem.app/r0m0g1.png)

**Disclaimer: I am not a professional trader. I am not even a day trader, I'm just an amateur week trader having some fun and trying to surf some waves. Don't take this as an investment advice. I can be right or very, very wrong. Do your own thinking and follow your mind.**

---

<center>**[Learn How to Maximise Your Upvotes in the Various Tribes](https://steempeak.com/tribes/@trincowski/learn-how-to-maximise-your-upvotes-in-the-various-tribes)**</center>

---

<center><sup>This post uses the #cc tag from @commentcoin and you'll get 1 CC when you leave a good comment. Enjoy!</sup></center>

<center>![](https://img.esteem.ws/2e4z02s5fy.gif)</center>

Posted via <a href="https://steemleo.com/">Steemleo</a>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 95 others
👎  ,
properties (23)
post_id84,431,244
authortrincowski
permlinkanother-session-of-amateurish-bitcoin-chart-analysis
categoryhive-167922
json_metadata{"tags":["cryptocurrency","markets","bitcoin","investment","trading","steemleo","creativecoin","life","lifestyle","neoxian","palnet","marlians","cc"],"users":["commentcoin"],"image":["https:\/\/img.esteem.app\/tq14t6.png","https:\/\/img.esteem.app\/rbgvze.png","https:\/\/img.esteem.app\/r0m0g1.png","https:\/\/img.esteem.ws\/2e4z02s5fy.gif"],"links":["https:\/\/steempeak.com\/tribes\/@trincowski\/learn-how-to-maximise-your-upvotes-in-the-various-tribes"],"app":"steemleo\/0.1","format":"markdown","canonical_url":"https:\/\/www.steemleo.com\/@trincowski\/another-session-of-amateurish-bitcoin-chart-analysis"}
created2020-02-16 01:49:42
last_update2020-02-16 01:49:42
depth0
children8
net_rshares7,531,859,513,344
last_payout2020-02-23 01:49:42
cashout_time1969-12-31 23:59:59
total_payout_value0.988 SBD
curator_payout_value0.865 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length2,258
author_reputation60,255,958,607,435
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (161)
@catscientist ·
Thank you for supporting @CatsMakeKittens by being a part of our community @trincowski.

Each CATS you purchase gets you daily upvotes from me @CatScientist as our community grows so do your rewards for being a member!
properties (22)
post_id84,431,406
authorcatscientist
permlinkre-another-session-of-amateurish-bitcoin-chart-analysis-20200216t020045z
categoryhive-167922
json_metadata{"app":"rewarding\/0.1.5"}
created2020-02-16 02:00:45
last_update2020-02-16 02:00:45
depth1
children0
net_rshares0
last_payout2020-02-23 02:00:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length220
author_reputation977,237,220,955
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@pixresteemer ·
<center>![pixresteemer_incognito_angel_mini.png](https://steemitimages.com/DQmSyPkcYUAy4uSVbRtYXiBqCCu7pXENnpzPR4GbEbECxNZ/pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just resteemed your post!</center><center>Week 23 of my [contest](https://steemit.com/palnet/@pixresteemer/the-token-nomination-contest-results-week-22-and-start-week-23) just started...you can now check the winners of the previous week!</center><center>Pixresteemer is also listed as promoter on [The Steemians Directory](https://www.steemiandir.com/)</center><center>!BEER</center><center><sub>2</sub></center>
👍  , , , , ,
properties (23)
post_id84,431,431
authorpixresteemer
permlink20200216t020249662z
categoryhive-167922
json_metadata{"tags":["pixresteemer","neoxian","upfundme","creativecoin","upfundme"],"app":"pixresteemer"}
created2020-02-16 02:02:51
last_update2020-02-16 02:02:51
depth1
children0
net_rshares2,763,237,265
last_payout2020-02-23 02:02:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length616
author_reputation27,896,874,942,291
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (6)
@pixelfan ·
I think you deserve some $trdo
properties (22)
post_id84,431,432
authorpixelfan
permlink20200216t020249664z
categoryhive-167922
json_metadata{"tags":["pixelfan"],"app":"pixelfan"}
created2020-02-16 02:02:51
last_update2020-02-16 02:02:51
depth1
children1
net_rshares0
last_payout2020-02-23 02:02:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length30
author_reputation300,453,853,020,469
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@trendotoken ·
Congratulations @pixelfan, you successfuly trended the post shared by @trincowski!
@trincowski will receive <b>0.98196300</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) & @pixelfan will get <b>0.65464200</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation in 3 Days from Post Created Date!

<b>"Call [TRDO](https://steem-engine.com/?p=history&t=TRDO), Your Comment Worth Something!"</b>
---
<sup>To view or trade TRDO go to [steem-engine.com](https://steem-engine.com/?p=market&t=TRDO)
Join [TRDO Discord Channel](https://discord.gg/wySP8T9) or Join [TRDO Web Site](http://www.trendotoken.info/)</sup>
properties (22)
post_id84,431,433
authortrendotoken
permlinkre-pixelfan-20200216t020249664z-20200216t020300333z
categoryhive-167922
json_metadata{"tags":["comments-scot","trendo-bot"],"app":"comments-scot\/1.1","format":"markdown"}
created2020-02-16 02:03:00
last_update2020-02-16 02:03:00
depth2
children0
net_rshares0
last_payout2020-02-23 02:03:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length622
author_reputation6,277,370,726,158
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@beerlover ·
<div class='pull-right'>https://cdn.steemitimages.com/DQmaHThyECGhEx8tSfHZbiMFRNYjJ35K92cDgiJjkzBUaJo/One%20sip%20of%20BEER%20for%20you.gif<p><sup><a href='https://steem-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p> Hey @trincowski, here is a little bit of <code>BEER</code> from @pixresteemer for you. Enjoy it!</p> <p>Learn how to <a href='https://steemit.com/beer/@beerlover/what-is-proof-of-stake-with-beer'>earn FREE BEER each day </a> by staking.</p> </center><div></div>
properties (22)
post_id84,431,435
authorbeerlover
permlinkre-another-session-of-amateurish-bitcoin-chart-analysis-20200216t020300z
categoryhive-167922
json_metadata{"app":"beem\/0.21.1"}
created2020-02-16 02:03:03
last_update2020-02-16 02:03:03
depth1
children0
net_rshares0
last_payout2020-02-23 02:03:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length530
author_reputation16,011,958,080,429
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@theluvbug ·
<center>

This post was curated by @theluvbug 
and has received an upvote and a resteem to hopefully generate some ❤ ***extra love*** ❤ for your post! 
<sub>[JOIN ME ON TWITTER](www.twitter.com/theluvbug80)</sub>

![myluvbug.gif](https://cdn.steemitstageimages.com/DQmb7MN8GHXm8DUT9n3K2D4bDB6wHBKF13UMz1TW8UKdv7o/myluvbug.gif)


In Proud Collaboration with [The Power House Creatives](https://steemit.com/@steemitbloggers)
and their founder @jaynie

![](https://cdn.steemitimages.com/DQmQ7jf6MkzatRDpaXeAUbbXzn1TxVhW5tofjFy2yNig5Fv/image.png)

[JOIN US HERE](https://discord.gg/Wf7N2Br)



</center>
properties (22)
post_id84,434,271
authortheluvbug
permlinkq5s4of
categoryhive-167922
json_metadata{"users":["theluvbug","jaynie"],"image":["https:\/\/cdn.steemitstageimages.com\/DQmb7MN8GHXm8DUT9n3K2D4bDB6wHBKF13UMz1TW8UKdv7o\/myluvbug.gif","https:\/\/cdn.steemitimages.com\/DQmQ7jf6MkzatRDpaXeAUbbXzn1TxVhW5tofjFy2yNig5Fv\/image.png"],"links":["www.twitter.com\/theluvbug80","https:\/\/steemit.com\/@steemitbloggers","https:\/\/discord.gg\/Wf7N2Br"],"app":"steemit\/0.1"}
created2020-02-16 05:21:30
last_update2020-02-16 05:21:30
depth1
children0
net_rshares0
last_payout2020-02-23 05:21:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length599
author_reputation40,947,012,609,239
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@steem-ua ·
#### Hi @trincowski!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 4.486 which ranks you at **#2236** across all Steem accounts.
Your rank has dropped 30 places in the last three days (old rank 2206).

In our last Algorithmic Curation Round, consisting of 92 contributions, your post is ranked at **#30**.
##### Evaluation of your UA score:

* Some people are already following you, keep going!
* The readers like your work!
* Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
properties (22)
post_id84,451,239
authorsteem-ua
permlinkre-another-session-of-amateurish-bitcoin-chart-analysis-20200216t190545z
categoryhive-167922
json_metadata{"app":"beem\/0.21.0"}
created2020-02-16 19:05:45
last_update2020-02-16 19:05:45
depth1
children0
net_rshares0
last_payout2020-02-23 19:05:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length721
author_reputation23,203,609,903,979
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@trendotoken ·
Congratulations @trincowski, your post successfully recieved <b>0.981963</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) from below listed TRENDO callers:<br>

>	<sup>@pixelfan earned : **0.654642** [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation</sup> 

---
<sup>To view or trade TRDO go to [steem-engine.com](https://steem-engine.com/?p=market&t=TRDO)
Join [TRDO Discord Channel](https://discord.gg/wySP8T9) or Join [TRDO Web Site](http://www.trendotoken.info/)</sup>
properties (22)
post_id84,522,422
authortrendotoken
permlinkre-trincowski-another-session-of-amateurish-bitcoin-chart-analysis-20200219t015109249z
categoryhive-167922
json_metadata{"tags":["trdo","trendo-bot"],"app":"comments-scot\/1.1","format":"markdown"}
created2020-02-19 01:51:09
last_update2020-02-19 01:51:09
depth1
children0
net_rshares0
last_payout2020-02-26 01:51:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length488
author_reputation6,277,370,726,158
root_title"Another Session of Amateurish (Bitcoin) Chart Analysis"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000