BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Rising wedge . Seems that it is giong to test support again at 1800...

On support break, next move to 16320...
Comment: I forgot to trace a support at 17350... If it goes below 18000, it will stop there first.
Comment: 18712 may support to see a bouce back
Comment: Although, volume seems to indicte that we are going back to 18000
Comment:

decisive point here...

Unfortunatelly I don´t see the volume to push it up... if volume does not apear, we are going down.
Yeah I agree, volume is looking bearish
Reply
andretco DarrenWen
@DarrenWen,
let's see what happens...
Reply
DarrenWen andretco
@andretco, hmm it broke 19k,, but I'm still leaning towards bearish
Reply
andretco DarrenWen
@DarrenWen,
This moment I am just waiting to see what happens:



It entered the blue falling wedge... It can go through the purple channel or break that channel... Anyway, it seems less bearish than half an hour ago.

Reply
DarrenWen andretco
@andretco, definitely
Reply
DarrenWen andretco
@andretco, yep looking to break 18k
Reply
andretco DarrenWen
@DarrenWen, Yep... does not look good.

It may break 18k, or it will probably trade between one of the 2 triagles set by blue lines and red trend line:


Breaking red line will indicate bullish trend...
Reply
andretco andretco
@andretco, I forgot to change the color of the horizontal lines to blue...
Reply
DarrenWen andretco
@andretco, its okay i see what you mean
Reply
DarrenWen andretco
@andretco, We just got a break of red line with heavy volume, also latest support test at 18.1k, looking bullish now
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener 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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out