sniperz

BTC in "Area of Interest" = Price Action Analysis

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
200 views
5
200 0
As you can see until 29th June 2018,
BTC kept making newer lows everytime it traced downwards.

But on 11th Aug 2018 it made a higher low for the
first time in 2018 suggesting that bear trend might just be getting over.

-----------------------------------------------
Also if you see the rate of drop of BTC has progressively
weakened with each downfall except the latest one which increased but it also made a higher low.

It would be interesting to see if BTC maintains and makes another Higher low of doesn't make a newer low.

=================================

Another thing to notice is we are making a descending
triangle pattern , if BTC breaks on the downside of this pattern. It could possibly make a new low
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out