BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD moving in uptrend channel . We touched resistance line of this channel and now probably decline in the range of 3830-3900 there is a support line upward channel. MA100 as well as two strong levels of fibonacci 50%, 61.8%. After that I expect growth in the range of 4200-4300
Confused RSI- oversold
Trade active
Comment: The Crypto Fear & Greed Index is now at 63, which is a strong indicator of people's mood in the market. Most people are now looking for growth to 4200-4400 and this is logical for technical analysis, but we are still in a bear market, so be careful. And use risk management
Trade closed: target reached

Related Ideas

You warned it. This is the best BTC chart that we need to monitor in these days. Great work as always.
EXCAVO rkothwala
@rkothwala, Thank you so much
@EXCAVO, You are welcome
Interesting..... ty
Can you give an update?
Great call! is it dropping now? Leave me a comment on this Eth chart instead ;)
What's next move?
Target reached? How, if you said the price would drop...
+2 Reply
Bitcoin trade closed. Cap trade active... So you think its alts turn?
Here is the continuation from my 9 december idea ( I didnt changed it :) )
I never give 2 way like others

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