Like2Move
Long

A confluence of supports in the 5000 area

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Different analysis tools find support zones at 5000 ... 4700. They are marked with an ellipse.
The pessimistic scenario for this stage is the bottom at the 4000.
Comment: Similar bottom on EURUSD. Very similar :)
Comment: Signs of direction change:

Comments

yes but I chart with an index and it show this
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cycler cycler
@cycler, its a good scalp zone here, but I was out at the bottom and I'm not about to take that risk.
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I have been practicing your technique, and it has been great!!! I have the same, longs in 4500-5000 area. I'm glad I asked you that time.
+1 Reply
@cycler, I enjoy your success.
Moving down is hard to predict, the bottom can be higher, the market is being manipulated.
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You are among the best forecasters of Bitcoin. Let's see what will gonna happen.
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Like2Move asdfghghj
@asdfghghj, thanks, mate.
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mareksade asdfghghj
@asdfghghj, I agree
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Like2Move mareksade
@mareksade, thanks.
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