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Your Technical Analysis points, must confirm each other!

BITSTAMP:BTCUSD   Bitcoin
Hello everyone.

We are starting today to provide our opinion, with just a bit different way that everyone follow.

Here, we will not post any TA, that the technical points, are not confirming each other.

If you are expecting one price action, you need to understand that this price action must have some
logic, some backgrounds that are supporting your expectations.

Otherwise, your TA is going to fail.

Bitcoin daily time frame

First I need to mention that, through our social media, we mention a price target for bitcoin around 9.200 - 9.600
for long ago. This target is still valid for us and we will change view only if we notice invalidation points.

Bitcoin for us a in one bearish uptrend. What we are expecting for first step from now and on, is one retest at the
area of 18ks.

In our Technical analysis we explain everything in details.

I am open to a discussions and exchanging of opinion with everyone, as I am here, first to make friends, and secondly
to support each other in this marathon. Because trading and investment is a marathon.

I hope we can have a good communication, a good understanding in a friendly and polite way :)

Feel free to post your opinion, even if you agree with me or not. I am in understanding that everyone has his own
opinion and I teach to respect it! :)

Your comments and a possible like in our TA, will be always appreciated.

I am waiting from you to discuss anything connected with cryptocurrencies and crypto industry. :)

Have everyone a nice day ahead and a wonderful weekend.
Comment:
A small update:
We broke below rising flag but we must pay attention because we have Fibonacci golden pocket support exactly under the break. 21,500 - 21,800 is the range of support. Waiting to see volume comes in.
Comment:

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