btcinvests

BTSUSD: Do not forget this picture. 28K / 22K still possible.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello my friends!

Yes, we are bullish , but the main support lines can still be tested. That would be at 28k and 22K respectively. Three possible scenarios in the chart. Of course, it can also go directly further up. But let's take a pause and think about the past.

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


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BTCINVESTS.de
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http://www.btcinvests.de
mail@btcinvests.de
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German Bitcoin Consultant · Trading · Research · Investing

Investing in Bitcoin and Cryptocoins since 2014.
Trading experience for over thirty years.



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Comments

I see much the same thing. I have my fib chart set out thuswise with the circles showing where the anchor points are. Colored box is my buy area if we retrace and I would expect a V shape recovery



Below is another set up if we get full performance on the double top we are looking at. This is the less likely scenario because we probably won't get full performance.
+1 Reply
btcinvests This_Guhy
@This_Guhy, ah thx for sharing. really good chats. hopefully we see this down. i m checked out at 40400. now i m waiting for the reenter. :-) good luck and happy trading.
+1 Reply
I'm in agreement with you. Yearly pivot point is at 20700
+1 Reply
btcinvests ilesanmipepsi
@ilesanmipepsi, thx for your comment. yes, i have pivot also in my view. there is a gap too. ... lets see. this would be a more bearish szenario.

Reply
btcinvests ilesanmipepsi
@ilesanmipepsi, this is pic of my secret band ... :-) you will find all support and resistance areas.

+1 Reply
btcinvests ilesanmipepsi
@ilesanmipepsi, btw, if we se no ath, this is also a possible szenario ... :-) happy trading

1.618 Fib

Reply
ilesanmipepsi btcinvests
@btcinvests, agreed
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btcinvests ilesanmipepsi
Reply
Totally agree, nice chart!
Reply
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