Isn`t that crazy? The exspected Selloff stopped at the former Breakoutlevel @ 460$!!! (Explosion ahead?
)
After this dip, the buyers bought it and catapulted btcusd back to it`s yesterdays breakoutlevel @ 540$, this Level is corresponding to the min correction Level 38,2 fibo-retracement...
Yesterday evenig i commented:
rebound or direct "selloff" down to the tp @ 540?
Easy come easy go!
You win some, you lose some!
The Maintrend is still intact..still! i don`t belive in new Highs!
On the downside, the Level @ 610$ is the Level to wwatch - on the upside still the levels 650/680$!
All Prices below 610 are bearish - the tp @ 540$ would be opened.
Will the Level @ 610 be bought, that a weak bullish Signal - TPs 645/680
Comments are welcome -Agree or disagree!
Further downwave could be exspected!
Is it a H&S? Only Prices above 665$ will brighten the Chart!
The RSI signs a further tiny upwave before the exspected Drop would be realistic...
TPs are illustrated in the Chart. If you have any questions -please ask me.
After this dip, the buyers bought it and catapulted btcusd back to it`s yesterdays breakoutlevel @ 540$, this Level is corresponding to the min correction Level 38,2 fibo-retracement...
Yesterday evenig i commented:
rebound or direct "selloff" down to the tp @ 540?
Easy come easy go!
The Maintrend is still intact..still! i don`t belive in new Highs!
On the downside, the Level @ 610$ is the Level to wwatch - on the upside still the levels 650/680$!
All Prices below 610 are bearish - the tp @ 540$ would be opened.
Will the Level @ 610 be bought, that a weak bullish Signal - TPs 645/680
Comments are welcome -Agree or disagree!
Further downwave could be exspected!
The RSI signs a further tiny upwave before the exspected Drop would be realistic...
TPs are illustrated in the Chart. If you have any questions -please ask me.
Comment:
btc caught between 53$0-550$. These Levels are action Points - the area between These Levels seems to be neutral -herein is no action needed.
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Attention! btc reached Action Point!
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nice bo -reached resist no 1
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The stressed BBs and the RSI sign a possible little rebound
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usdjpy reached action point
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ups..i meant bitcoins..sorry :-)
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technical overview
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this one..sorry
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