MidasTouchConsulting

Bitcoin indeed needs more time to consolidate

BITFINEX:BTCUSD   Bitcoin / Dollar
Bitcoin indeed needs more time to consolidate & correct the sharp rise during autumn..
My ascending triangle was too optimistic. I adjusted the triangle.
The 200-MA is rising and will need to create a floor below the prices before Bitcoin can move on and breakout above $500..
Super critical support around $320-$300. I don't want to see this zone being broken on a daily & weekly close.
-> if you don´t have any Bitcoins buy below $390 with a stopp below $290
-> if you own Bitcoins you should let your winnings run and place a stopp below $290
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out