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naserboss

Next lower low is the second biggest support for BTC

Long
Bitcoin (BITFINEX:BTCUSD)  
naserboss Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTCUSDT btcforecast long-term
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trendanalysis chartpattern indicator btcusd btcusdt btcforecast long-term
As you see, I have marked the second biggest peak volume by two green horisontal lines. The date of the chart is from the beginning of the latest bullrun(red vertical line) to the end of the bullrun . During this time between the price of 1900-2600 USD most seller and buyers were traded BTCUSD to either moving the price up or down. Meaning that the pointed area is a big support were we unfortunately heading next if price breaks under current support 3100USD.
Comment:
BTC have to hit the oversold area in RSI for the second time


Click on the link for my second BTC chart for a more precise prediction.
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naserboss
BTC have to hit the oversold area in RSI for the second time
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