Bitcoin back to 1160
ที่อัปเดต:
I know it sounds crazy at this moment of capitulation, but I think we'll be going back to 1160 next week. Short term we're going to hit the lowest support level at 840-870. It's the lowest red line in the chart. We haven't visited that support level since August 2nd, 2016. After we bounce back, I expect the descending tightening wedge to break up and take us to 1160. There is a strong FIB resistance at that level.
If you would like to know why I think it will break up on March 29th, please visit my other chart (it failed but the explanation still matters).
If we break down 840, we'll be going into a BEAR MARKET, so watch out!
Good luck!
If you would like to know why I think it will break up on March 29th, please visit my other chart (it failed but the explanation still matters).
If we break down 840, we'll be going into a BEAR MARKET, so watch out!
Good luck!
การซื้อขายยังคงดำเนินอยู่
We're on our way to a double bottom, conclusion of the descending tightening wedge and then big upside to +$1000 againการซื้อขายยังคงดำเนินอยู่
I'd recommend to SHORT now and LONG around $870. At this point we have resistance on the Gann Fan, FIB retracement level and a historic trendline that goes back to the beginning of this bull market. การซื้อขายยังคงดำเนินอยู่
NEW TARGETSLONG at 850
SHORT at 1140
การซื้อขายยังคงดำเนินอยู่
Zooming in:การซื้อขายยังคงดำเนินอยู่
Could be...บันทึกช่วยจำ
Yes. Previous one was a bullish flag. Now it's about to go down!! SHORT IT!บันทึกช่วยจำ
BTC made another leg up but I don't think it will stay at those levels for too long...การซื้อขายยังคงดำเนินอยู่
Bitcoin is trying to approach the resistance line at 1010. Bears will wake up there, bringing it at least $50 down.การซื้อขายยังคงดำเนินอยู่
It started to go down, but I think this CUP & HANDLE setup to break the resistance is quiet likely:การซื้อขายยังคงดำเนินอยู่
It just went down straight. No CUP & HANDLE pattern formation.I think we might see a bit more upside, but the downtrend will continue!
การซื้อขายยังคงดำเนินอยู่
I think this is the last chance to SHORT at this level.Likely HEAD & SHOULDERS formation as well!
การซื้อขายยังคงดำเนินอยู่
Bitcoin made one last jump to the top of the descending tightening wedge. I think the resistance is too strong there so I recommend shorting it if you haven't done it yet.การซื้อขายยังคงดำเนินอยู่
Just like I expected. A rectangle/triple tops formation has developed. It's going down now. Short if you're holding any. See you at the bottom!บันทึกช่วยจำ
As I have stated before in my previous charts, I believe the triggering of the negotiations by the UK to leave the European Union will have a bullish effect in Bitcoin.bloomberg.com/news/articles/2017-03-20/u-k-to-trigger-brexit-on-march-29-launching-two-years-of-talks
We managed to break the upper resistance line of the descending tightening wedge at $995. The Gann Fan resistance has become a support so we may see it coming back up. Check it out:
If it goes down, I believe the bottom is at $960, where it would hit the previous resistance line that has now mutated into resistance.
Let's see what happens.
การซื้อขายยังคงดำเนินอยู่
Bitcoin looks like it's ready to take a nice and neat dump.การซื้อขายยังคงดำเนินอยู่
Bitcoin has broken the bullish tendency it acquired after breaking out the descending tightening wedge upper resistance (white line), and now we're reaching the pivot line:This line is the same as the one seen in Ethereum:
Expect a major turning point tomorrow!
Remember I believe fundamentally, this is related with Brexit:
goo.gl/MCs9an
Also, resistance seems to be between $988-$999
Let's see what happens now.
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน
Although we didn't go lower in the descending tightening wedge as expected, we're still going to 1160, and beyond. Check out my new chart where I'll be detailing the process!
If you found my ideas useful, don't forget to donate! More instructions in my signature.
Follow the journey of BTC & ZEC:
Art & Coins Feed
t.me/ArtCoinsFeed
Art & Coins Feed
t.me/ArtCoinsFeed
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน