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MrClock
Dec 30, 2017 4:01 AM

Bitcoin - Buy entry level Long

Bitcoin / DollarBitfinex

Description

Bitcoin is in fall as long as it does not pass the $16500.

The suggested purchase is close to the price of 10300, with "stop loss" at 9900.

Attention for the yellow line ;)

Comment

The daily candle of bitcoin has created a pivot of fall. It is a high signal to the fall continues with strong. Be ready.

Comment

Trying break the yellow line. If it occur, this idea chart not more validity.

Trade closed manually

Broke the yellow line, this chart is no longer valid. It is likely that the price will walk up to the price of 15,000.
Comments
monsRUS
Waiting update for btc
MrClock
@monsRUS, We do not have much reference at the moment, but at your request I'll update ;). 1 moment.
MrClock
monsRUS
Pls.... update TA
monsRUS
Great TA.
PicklePocket
Any chance it will approach the intersection of the main resistance line formed from the highs on Dec 17th and 27th and the psychological barrier of 14.5k? If it does then it could bounce back down to the new support line formed from the lows on dec 22nd and 30th. Your dotted yellow resistance line intersects with this new support line around the 12k psychological barrier. If it bounces from here maybe we could see it break the all-important 16.5k resistance?
MrClock
@PicklePocket, Yes, probabily.
UnknownUnicorn1792695
So, its not valid now ? Or barely valid ?
MrClock
@Alienalp, this chart is no longer valid
momopeyo
Thanks for the heads up @MrClock. It’s either going to be 10k or 8k...
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