djuuss

A closer look at Bitcoin's price action today.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
On this 15 minute chart, we can see we've dipped below important moving averages , and got turned at resistance trendlines .

We now have to get back above 11430, and stay above 11125, in order for this uptrend to remain intact.

Personally, given the look of the 4h, daily and weekly oscillators, I think we are still headed lower - but if this current support holds, we could make quite a bounce ( 13k             , 14k             ) before going lower.
Comment: On this 5 minute, we can see the difference between a nice strong bounce and a dead cat.

Comment: That is not the kind of healthy springy reaction you want to see from your support levels.
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
HE עברית
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