ChartArt

Bitcoin Rally Correction Ahead

BITSTAMP:BTCUSD   Bitcoin / Dollar
468 6 3
The price could drop in the next days down to $255 or maybe even lower to the $240 area.
Strong support is around $245, so not a bad guess.
Reply
altcoinbonanza MoonTrader
yes. i have been re-thinking my position here and this is what i see now. Don't get me wrong, i am a bull at heart but i have to take these trend lines seriously and for me i see downward movement here. Am i wrong sometimes, yes. But in this case i would have to agree with ChartArt and MoonTrader. If i'm wrong i'm wrong and that would be nice for bull stampede group, lol.
Reply
You could be on to something here my friend.
Reply
Hi Chartart, why 240s?
Is this the condition where the bull trend is invalidated or do you see this as a retrace from where you expect to see new buying?
Thanks
Reply
ChartArt johnrfraser
240s was Just some quick gut decision. I wanted to post the chart before the daily close. The only key area I'm sure will be a battle ground if the price falls more will be $250-$255.
Reply
will keep a watchful eye
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out