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Gl4diator
Aug 14, 2019 6:54 AM

#bitcoin - Daily, Pullback taking it´s toll 

Bitcoin / U.S. dollarBitstamp

Description

Looking at the Daily interval of Bitcoin, we find now the formerly mentioned triangle-support just below us and in reach. Yesterday´s supports did not hold, so obviously it becomes more likely we at least can go to down to that yellow diagonal, where it crosses a secondary trendline. If we are hitting that, we need to wait for potential reversal signs. The "PB" - Pullback and the "RV" - Reversal Volume have been the big warnings here. Please also have a look at the former Chart ideas to get a brief overview of what we are talking about on a smaller timeframe.

Monthly Pivot need´s to be conquered back after we have hit support without much delay, the longer this process takes the more people will start selling.

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Warm regards,

Neru

Comments
Make_Money_Guru_Bitcoin
Nice work
Gl4diator
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