cantestogo

GOOD POSSIBILITIES FOR A REVERSAL

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
297 7 5
Looking at previous hight (414 level) we have retraced more than 0.61 and there are good possibilities to reach even the 0,764 fib line. Meanwhile standing at MACD signal line it seems that selling pressure is losing strenght. So in my opinion we can have a look for a possible reversal with a double bottom pattern with an higher low.
Good luck for your trading
Incredible, my daily chart target is going to be reached in a single day
Reply
And up it was
Reply
Update on daily chart
Reply
And this is Huobi point of view on 4h chart
Reply
An observation from daily point of view
Reply
Yes, we might be very close to a reversal in this area which you drew. It's only about one more leg down to test $300 once again or maybe even building up from the last $315 low without testing $300 again.

P.S. In case you hadn't seen my bullish chart ;-)
Reply
cantestogo ChartArt
Thanks. yes i've seen it, very particular with the circle!
On normal condition i'd sayd it's a good bullish setup to take into consideration, but this market is becoming very manipulated from the whales, walls and fake volume on many exchanges
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out