BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
463 views
12
463 3
Idea in the chart.
Comment:
Nice chart. I have a question though. What makes you expect to breakt through the 933 resistance level after a bounce off the 830 support level? Or is this less of a prediction and more of a "this is one possibility" type deal?
Reply
BTCMarket LocalBTC
@LocalBTC, You would enter at 830 because it offers a good risk / reward entry as it's close to support e.g buy low, sell high. However this chart is most likely bust now as if you look on the daily chart price spent days consolidating near 900 which means it would in most cases rally higher.

I'm working from this chart at the moment which translated means I would be surprised if price didn't rally past 930 into 950/1000



Reply
BTCMarket BTCMarket
Reply
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 Get Help Ideas Published Followers Following Private Messages Chat Sign Out