StefanP
Short

Who won next? Bears or Bulls? Time is the best judge

BITSTAMP:BTCUSD   Bitcoin / Dollar
It looks like a very strong downtrend. Do bears have already over?

Break 250-260$ bring bull hope, but break 210$ send price even to 60$-130$.

In my opinion - downterm continuation.
I'm also bearish and I may even stay very bearish, but it's actually not looking that bad right now.

Comparing the monthly trend with the two monthly trend we are (still) bullish already:
snapshot


Comparing the more lagging two monthly trend with the quarter year trend it's still bearish as expected:
snapshot


But since it only matters how many others in the market find out that the trend was the past days already very bullish, I guess we are simply going down once again, because it's easier to not discover the overall bullish potential and see the big bearish trend and sell :/ And that is why I'm also bearish.
+1 Reply
ChartArt ChartArt
Comparing the weekly trend with the monthly trend shows why I'm bearish again. The great bull opportunity we just had was very recently ruined :/

snapshot
Reply
StefanP ChartArt
In this moment I agree :) Thanks!
Reply
ChartArt StefanP
Oh and by the way, the MA with period 1 is simply the price, there is no difference :) So think of my last chart that the green line is black or something else more neutral :)
+1 Reply
In short term - UNTRADABLE - small volume, sideways, both bull and bear rejections...

snapshot
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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