BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello dear traders
After today's fall, we tested the 6300 zone and it looks like it will continue to move in a falling wedge formed from January - a reversal pattern. At the same time we are moving to the support line. Most likely after the test of this line we will fly up. I showed a long-term vision of bitcoin             movement. There are many factors that talk about long-term growth, so fasten your seat belts and we are getting ready to stand on the runway.
On October 12, I will start my first webinar, where I will give my full vision of the situation on crypto market.
Trade active
Comment: Do not miss 2nd exclusive webinar by Mr.EXCAVO
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trade active too. :-)

Dr. Excavo... Seems that last $6060 was the bottom? What do you think?
+1 Reply
trade active long or short?
Teklologist TheDudeForex
@TheDudeForex, context points to him being short with TP if $5,000 (his identified support line). Personally I’m bullish, though I share a Bearish scenario with a TP between $5k and $4.8k in my own analysis. Also share two Bull scenarios.
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- The three stars in the chart seem to be similar.
- There was a price increase due to the Tether problem yesterday.
- I think that issues are creating charts, and issues are needed to make charts. I think this rise is tending to the latter.
- If today's and tomorrow's closing prices are held to a certain extent, as the idea suggests, we can expect to see price increases on the October 26 CME expiration date.
CBOE(4.18.) Closing price < CME(4.27.) Closing price
CBOE(7.18.) Closing price < CME(7.27.) Closing price
CBOE(10.17.) Closing price ?? CME(10.26.) Closing price
After 6 months i turned BULL to for the first time :
+1 Reply

Allow me to share my updated View On BitCoin (16 Oct 2018)

BitCoin is going UP as we expected and our TP1 hit.

Stay with LONG.
Now I am standing with LONG as $6,000 region holds.

EP Long anywhere before $5,800
SL $5,720

TP1 $6,780 (Hit)
TP1 $7,020
TP3 $7,390

All the best.

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