Technician
Short

BTC: Dead-Cat Bounce!

BITSTAMP:BTCUSD   Bitcoin / Dollar
2571 32 20
I am not so excited about the rebound, as we have seen this pattern before.
Key over-head resistance is the main falling trend line for now, which will probably push for another deeper leg lower. A break above that resistance may signal more recovery, although i still see no savior for the cat :D

I remain bearish on BTC             looking for new lows. No hard feelings

Join me:
https://twitter.com/thefxchannel
thefxchannel.com

Latest trading ideas: https://www.youtube.com/channel/UC02s7uiUQl55HkhHZDM6eUw/videos

Free Telegram Channel: https://t.me/technician_forex_trades

Trading Signals Redefined: https://thefxchannel.com
You need to put an actual date behind when you think bitcoin will trade under $50 so us bitcoiners can look back and say you were wrong ;)
Reply
Cool, 2 weeks days ago I did an analysis very similar to BTCBRL:
BTCBRL : Resistance Trend Lines
Reply
Another Dead-Cat Bounce?
Reply
Probably yes :) . . its a normal phenomena that markets go up and down,
Reply
Aqua-Life Technician
luckily for us to make money off of ! At least try to lol
Reply
Jameve Technician
This cat looks very much alive to me. The bearish triangle you drew is broken.
Reply
Yeah as they say, cats have seven lives :D
Reply
Agreed! Excellent chart there........u think it could go to the 202 level?
Reply
Technician TOP djflowmaster
Yeah, i believe there still a lot of downside. IMHO
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out