Nickonomics

Bitcoin (BTC): Buy Levels

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
In the previous idea we had cast a near-perfect 'Bear Play' with price dropping from 8290 to 7200: I expect the bottom to form in the next couple of days. The current reversal zone is 6950-7100. Of course, we cannot rule out a price squeeze, so I will also place an alternative buy order at 6620.
Comment: Keeping an eye on EOS - one of the most promising alts to consider once BTC forms the bottom:
Comment: Intraday price levels:
Comment: We have entered the buy zone. However, the downward channel is not broken yet. Chart update is coming.
Новое обучение: https://www.nixtrading.ru/10
Ежедневные апдейты в Телеграме: https://t.me/NixTrading
Трансляция живой торговли в закрытом чате.

Comments

Hi, Nick, is 7430 level is a SL for the intraday?
+1 Reply
What do you think about the RSI bull divergence taking form (4h) ?
+1 Reply
Sorry.Forms the bottom?
+1 Reply
finally some solid EW analysis! I agree with this
+1 Reply
Bitcoin continues to slide down the midterm descending trend line, no signs of recovery obviously.
Reply
We think we are likely to find support soon at 7000. Do you agree?
Reply
BTC-USD-the-last-chance
Reply
I agree with your analyse, have similar idea,
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out