BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
2209 11 42
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.

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.
Comment: Attention! btc reached Action Point!
Comment: nice bo -reached resist no 1
Comment: The stressed BBs and the RSI sign a possible little rebound
Comment: usdjpy reached action point
Comment: ups..i meant bitcoins..sorry :-)
Comment: technical overview
Comment: this one..sorry
Any updates? :)
I can buy this view. Bitfinex USD 65 Million loss for criminals and corresponding security problems with bitcoin should scare market a lot more for a while.
MaryJane. It was crazy yesterday. BTCUSD touch the bottom of a dynamic range, makes a trap scheme, take liquidity and now I think it wants to reach the top of the dynamic range.
Yep, Have to thank you too ! Personally as a beginner in FX/BTC I rely on few peers to sense & help decision, and you are one of the BTC rock star that help me the most :-)
You are the best ever!!!!
THX :-)
+1 Reply
I love your analysis!
marihuana-aktien TradingCycles
btc down again? Long or Short pro?
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