hhhhong

For short term trade in aspect of Harmonic pattern

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
126 views
2
126 0
BITFINEX:BTCUSD is slight going down now.
As you can see, if BITFINEX:BTCUSD is supported at 8000, we can expect Gartley or Bat Pattern .

The bounce from 7200 is not enough to penetrate 20 MA line.
For going through this strong 20 MA line (Blue), BITFINEX:BTCUSD needs a more powerful energy.
If this prediction becomes true, we can expect BITFINEX:BTCUSD will go up to 10000 level.

Always check MA line.
Especially like this reverse MA arrangement, MA line could be a serious resistance.
Mar 25
Comment: Bitcoin needs more powerful momentum to go up.
Once again, I expect Bitcoin will touch 240 green MA line.
In past, near the 240 MA line, Bitcoin shows a strong bounce.

However, I do not agree that Bitcoin goes to below 7200 level.
The bounce would be near 8000 level, I guess.
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