BTC - Not Enough Buy Pressure, Double Bottle , Danger

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 26, 2017 12:21 PM

it seems btc can't hold the 16k resisdence . Then it had to be down at least h1*0,8 => 3500* 0,8 = 2800 ~3000
it saw 11500 ( panic sell ) .
Now double bottle again 13000 which head is 16000.
if trend not going to upward then it should be down at least h2*0,8 = 2400$ .
13000-2400=~11600$ support zone.
also with wide bottom left and side, 19 head - 13 bottom. 6k$
6k$ * 0,8 = 4800 down from 13000 = 8200$.
No one can force me to buy it from 11-12-13-14-15. I need to see over 16.5k $ .
So be patient and watch

Comment

⋅ Dec 26, 2017 2:10 PM

I wish we can see a reverse shooting star

Comment

⋅ Dec 26, 2017 2:43 PM

bottle :S *bottom. what am I thinking :) I cant edit it guys

Trend Analysis

Comments

letheea

⋅ Dec 28, 2017 5:33 PM

Triple bottom coming. Scary

soonnokta

⋅ Dec 26, 2017 2:37 PM

thx.bro

Zakir-Ahmed

⋅ Dec 26, 2017 12:44 PM

UPTO 9-10K IS POSSIBLE IF DOWN AGAIN..PEOPLE CASH OUT AS JAN 1ST COMING..AND LOW VOL TOO REASON

letheea

⋅ Dec 26, 2017 2:08 PM

@ghose12, yes, if again down to the 11, resistance is too low, we will see panic sell , weak and looong candle in red :) if trader finds 10k$ is good value to buy, it will increase again.