BTCUSD (12h): Fifth idea of a trend line (Nr. 5 of a series)

The correction could be completed if the main support line is tested again. It could hit the MA200 (D) (8400) or not so low at 9800 - MA150 (D). If we break the resistance line at 11200, a further direct up is still possible.

Let's see what happens. Happy trading. :-)


See also:

ความคิดเห็น:

BTCUSD (30min): close up of the current situation. trendline seems to work.

ความคิดเห็น:

BTCUSD (2h): chart update. maybe that I warned a little too early in my last post, but we are not yet in safe water. only if the resistance was clearly broken, we have a buy-signal. and don't forget: "I Made a Fortune Getting Out Too Soon" JP Morgan

ความคิดเห็น:

BTCUSD (15min): chart update. broke resistance.

ความคิดเห็น:

BTCUSD (4min): chart update. 4h candle close about resistance.

ความคิดเห็น:

BTCUSD (4min): chart update. down as predicted. trendline still works.

ความคิดเห็น:

BTCUSD (4h): chart update. on track. trendline/channel works.

ความคิดเห็น:

BTCUSD (4h): situation chart. on track down.

ความคิดเห็น:

in addition to the last post... first predicted point has been reached 9600/9800. let's see if the next point (9000/9200) will be reached. at the moment it could still looks like.

ความคิดเห็น:

BTCUSD (2h): first predicted point has been reached 9600/9800. against my expectations we see a breakout. this opens up the possibility for an ISH with an interim high of 10660. However, we are still in the trend channel down. the correction has not yet been completed with today's breakout imo.

ความคิดเห็น:

BTCUSD (1h): also possible. thx to @bultbtc. he see another line. could also be possible. be watchful.

ความคิดเห็น:

BTCUSD (1h): situation chart. more down still possible.

ความคิดเห็น:

BTCUSD (1h): chart update. lets see where were going and the bottom is.

ความคิดเห็น:

BTCUSD (4h): volume chart.

ความคิดเห็น:

BTCUSD (4h): update ... btc versus btcusdshort. why could we expect another down? the btcusdshort has risen sharply. here is a chart comparing BTC against btcusdshort.

ความคิดเห็น:

BTCUSD (4h): situation chart.

ความคิดเห็น:

BTCUSD (30min): situation chart. possible bear flag. down trend could not be finished yet.

ความคิดเห็น:

BTCUSD (2h): fast update. shs possible ...

ความคิดเห็น:

BTCUSD (8h): also still possible ... lets see. next week is important. By the way, the bulls maybe getting stronger ...

ความคิดเห็น:

BTCUSD (2h): situation chart.

ความคิดเห็น:

BTCUSD (30min): Desision point. We reached 10800.

ความคิดเห็น:

BTCUSD (1h): Desision point. resistance maybe broken.

ความคิดเห็น:

BTCUSD (2h): three possible scenarios imo: Bullish1: down to 10000, then up within the trend channel (grey). Bullish2: completion of the SHS pattern with an up to 11650. Bearish: Purple trend channel down to 8800. Last one I don't really see, but it is still possible.

ความคิดเห็น:

BTCUSD (2h): if we break the resistance a second time, strog up possible.

ความคิดเห็น:

BTCUSD (30min): exactly along the first trend line. see post above. do we now break the resistance?

ความคิดเห็น:

BTCUSD (2h): on track along the right shoulder. main chart at the top of the post still works.

ความคิดเห็น:

in addition: important resistance at 13800... black dashed line.

ความคิดเห็น:

BTCUSD (30min): resistance broke at 30 min

ความคิดเห็น:

BTCUSD (12h): strong support at MA 200. positive signal! if look at the top/first chart above, MA 200 was expected. now we reached ths point. if btc stay above MA200, the expected trend reveral could come and a strong up is possible.

ความคิดเห็น:

BTCUSD (D): I'm staying positive. I would currently say maximum correction to 8050, then strong up. 8400 we have already seen. My opinion is that the market should have been cleared up by now. let see.

ความคิดเห็น:

BTCUSD (4h): three times we have now touched the important support line and it has remained. let's see if it is strong enough.

ความคิดเห็น:

BTCUSD (8h): chart update ... on the road up. break resistance.

ความคิดเห็น:

BTCUSD (12h): update chart. situation futher stabil. more up likely.

ความคิดเห็น:

BTCUSD (8h): update chart. triple bottom poss.

ความคิดเห็น:

BTCUSD (12h): my lowest supportline reached (black one). it is from the logscale and very longterm. if it is strong, we could see a green week next week.

ความคิดเห็น:

chart update. new chart here...