drakernoise

Bull trend change?

BTCE:BTCUSD   Bitcoin / Dollar
63 1 0
After a great bull ride we hit the max then started a healthy dropdown where levels come up as resistances or supports it depends on the trend. Obviously afer a brave bear canddle is defining as it tries to pass levels. All is possible of course but in a weekly context bear trend could gain the battle.
Comment: After a retracement to the 666 area it followed the way down as spected...rebound on the 570 area not too strong .
News about bitfinex and the hack issue sorting don't give us good feelings, so in my opinion although it's holding the 580 area bearish sentiment is stronger.
It consolidated as a bearish candle , choppy movement inside the channel ... lets see if it breaks any of two sides .
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