Technician
Long

Bitcoin playbook AND key Levels

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
9582 21 130
Illustrated on chart the key levels for btc/usd. The chances of bullish resumption remains high as long as we remain in bullish zone, with upside targets outlined on chart.

If we break below to neutral zone i would be very cautious to long again, unless we get back to bullish zone. A break to the bearish zone would be seriously bearish and more to come.

Note: I mean by "break" a CANDLE CLOSING. If the price breaks a level and retreat back to close the candle above or below it, then it is not a valid breakout for me.

Best
Technician
Comment: We are testing this critical resistance, it is the neckline for the broken head and shoulders formation. I would like to see a break to increase our chances further.
lol
+1 Reply
Please update This pair Thanks
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thanks for the sharing
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Are you more active in VIP group? I would prefer to join VIP instead off free trades now and then. :)
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Technician Caspermoller
@Caspermoller, I have a signals website. But we dont cover btc.
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Congrats, We' d like to see more comment from you about cryptos, Your percentage of your analysis really high when it compared with others. Hope to see new analysis ))
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Technician bluewhale_10
@bluewhale_10, thank you. Sure will be posting.
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Good Job!
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Looks like a descending triangle forming
+3 Reply
your target loog like wishes not really the real target of bitcoins for now
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