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goldsecret
Aug 31, 2017 10:23 AM

Bitcoin: coming soon, time is over Long

Bitcoin / U.S. dollarBitstamp

Description

SELL from now. It's 700-1000$ at least.
-Divergence on the daily chart is a very strong signal, there is no doubt that this will happen.

Comment

It's very good point for Binary Option and Forex traders.

Low: end of the day, week, month.

Comment

When the MA (RSI) will cross the "point 70", the divergence will bring a correction, to which I referred earlier.

Trade active

if you look at the weekly chart, then the divergence on it is even stronger, which indicates the continuation of the correction. Recommendations for downfall deals are relevant!!!

Trade closed: target reached

Target reached.
Comments
bigboywillis
it seems to be going into a rising wedge which verifies this.
I also agree
goldsecret
@bigboywillis, thanks for the support!
bigboywillis
@goldsecret, look at that we were right
goldsecret
@bigboywillis, yep. it's just the beginning)
vanhelsin
broke the trendline so its still going up... 5200 first then maybe 3600
goldsecret
@vanhelsin, maybe you're right, but I waiting for RSI 70, this is the real signal.
sumairk
btc has risen alot, it cant sustain this fast growth and no reason to go any further too, time for correction now in this week.
goldsecret
@sumairk, yes. Even on the weekend:)
nole_89
It will correct, but not crash like so many gold bugs like yourself are predicting. The next big down turn may be from late September to mid October whenever the buzz about a possible hard fork gets hyped up. At some point in the next 2 years another crypto will dethrone Bitcoin. What that will be is anybody's guess, but bitcoins antiquated scaling abilities predestines it to be usurped eventually.
goldsecret
@nole_89, I don't know much about the cryptocurrency at this level) but it sounds good. My forecast based on technical analysis: 700-1000$ down
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