BTC next target

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This is not a financial idea, I may be wrong, it's only my opinion, you are responsible if you follow my thoughts.

BTC failed to get the momentum to develop higher targets, so traders will cut their loses now before it too late especially the bad news doesn't stop raining. You can buy in portions at each support(Better to buy at the second support, the first probably is too weak to bounce up) so in the end you get average buy price and sell at resistance. I have been following BTC chart since December so all resistance and support lines are drawn and here the keys to read the color and thick meaning:
  • Bold line means strong resistance/ support.
    Yellow for the 04H frame.
    Brown for the daily frame.
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