ChartArt

Time is running out. Last chance for the Bitcoin bulls

BITFINEX:BTCUSD   Bitcoin / Dollar
308 0 5
UPDATE: Last forecast won

New downtrend risk for Bitcoin

Final chance for a pullback. The BTC price is an oversold area on Sunday and could bounce back up on Monday. If the price doesn't go up again fast, then there is a huge risk that the Bitcoin price can flash crash down to 220 or much much lower, if the price drops below the lower red trend line .

LazyBear %B support/resistance indicator(1) shows that the price is below support (green crosses).

Long trade idea:
Entry: 235
Stop: 229
Target: 250

Short trade idea:
Entry: 240
Stop: 246
Target: 220

(1) https://www.tradingview.com/market/lb-srlevels/

P.S. A message for the perma bears:
"Speculation is most dangerous when it looks easiest." - Warren Buffett
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out