BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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  • Large volumes in points V1 V2 V3 V4 zones of potential growth
  • The formation of the head and shoulders is observed at every step. The global formation (Head Shoulder) of this reversal figure only increases the likelihood.
  • After breaking through the red line of resistance, the probability of growth to a price of 10,000 is very high. (IB_RED LINE)
  • It is necessary to take into account a large resistance line (LRL), which will already accurately understand the picture as a whole.
  • Consolidation near the resistance line, a good signal for a breakthrough
Trade active: breakout
Trade active: confirm!
Comment: to say that bitcoin again goes to growth, he needs to overcome many more obstacles
Trade active: be careful. Exchange and the market as a whole are always deceived by you
Trade closed: target reached
Trade active: testing the line is punctured, now you need to buy, you need to 20%
Trade active: An interesting point. But judging how confidently the breakdown took place, and with what volumes, one can firmly say this is a serious breakdown
Trade active: local target
Trade active: 30 min
agreed. I would assume (if the momentum stay bullish) to see a turn around at the bearish trend line aka new support line > heading to 12.5K
@tianin, agree with you!
+1 Reply
hi what is support line now? after this breakouts...
tianin farshadjahanmanesh
@farshadjahanmanesh, read above...
VitalyKaminsky farshadjahanmanesh
@farshadjahanmanesh, This resistance has not been fully confirmed, there are only positive signals. The next target is 14100 and there we'll see
+1 Reply
Can you explain more? I don't see a strong breakout to clear all the heavy resistance up ahead!
@nawrasbtc, I agree. Here, only the first penetration, an important resistance line
@nawrasbtc, I agree. Here, only the first penetration, an important resistance line
nawrasbtc VitalyKaminsky
@VitalyKaminsky, Thanks
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