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Crabsy
Feb 5, 2018 7:46 PM

BTC will not break the last support line and will recover Long

BITSTAMP:BTCUSD240
Bitcoin / U.S. dollarBitstamp

Description

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I don't think that the bears pushing the price down want BTC to fail ,whales are just trying to get cheap BTC so BTC won't dump below 6600 because if that happens the structure will be broken .
Also the MACD show a divergence that's means the end of the current trend (bearish trend) and also the Stoch RSI is looking oversold that's why I think BTC will rally soon !

Comment

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BTC went below 6600$ and there's one last tiny support line and Btc tested it 2 times before and it was never broken as you can see in the chart.
Trend AnalysisChart PatternsBTCUSD
Comments
Crabsy
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BTC went below 6600$ and there's one last tiny support line and Btc tested it 2 times before and it was never broken as you can see in the chart.
JCmanner
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looks like your structure just broke
Crabsy
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@JCmanner, you sure ?
toomanyusernam2
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it just did
maartenoosterwijk
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@toomanyusernam2, depend on which exchange you look. On average, for example coinmarketapp, it didnt break, but it was very close.
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