BillCharison

$BITCOIN - Overview After the Dump

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Described the perfect picture on the chart: now the price goes down, following an ascending support. The falling wedge was broken, many people were stopped out or even liquidated and the reaction of the market to all these things - further dump, so we expect the price to dump from current points for a little bit lower. Ideally, it is a level of ±$7900 from where the price can goes upward to $9150.

Important: if the $7900 level is broken downward, then the next support level is $7300 - $7400, but I hope it won't happen, because in this case we won't be very optimistic about $BTC in mid-term.
Work in the team of Crypto Klondike.

Website:
https://klondikevip.com

Public Telegram Channel:
https://t.me/CryptoKlondike

Twitter:
https://twitter.com/KlondikeRush

Chat Room:
https://t.me/KlondikeChat

Email:
ekstraruto@gmail.com
nice clean chart, thanks for sharing.
BTCUSD is trading @ -1200 since my last call for the bears.
Here's an update for bulls/bears with SL/TP.
Good luck, traders!
Reply
Do you thnk price level to watch for would be around 7.8-7.9k? Within these levels since you mentioned “if breaks breaks $7900 then next would be $7400”
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out