COINBASE:BTCUSD   Bitcoin / U.S. Dollar
This is not really a technical analysis publication. I just wanted to put somethings in perspective as to how bad this downturn is. We will more than likely need another retest of the recent lows for a further bull run to be intact. Why? Because we haven't seen such a sharp back under the 200 MA in recent Bitcoin             history. At least not in the past 3 years. Unfortunately the 20,50,200 EMA used to act as lines of support and now they have flipped to resistant. Obviously these resistant values will change slightly as the time scales increase, but it gives a general idea where we will see some possible pullback. Use Fib retracement to get more zero'd in on a higher probability of levels of resistance and support.

Again, this is not really a TA approach. Just wanted to publish something from a 30,000 feet. The bulls have a lot of work to do for a trend reversal is what we know and it's probably not coming as soon as we hoped.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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