SkylerKing

BTC Prediction (Explained)

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Right now, BTC             7.97% is looking for support at the ~$8,400 level.

RSI is healthy for 1, 2 and 4 hour charts

MACD trending negative for 1 and 4 hour charts. This may suggest that we will not find long term support at the $8,250 - $8,400 level. This could easily change, though, as the bears and bulls battle it out.

If we have and hold support, I believe we will head North towards the healthy growth channel (in green), with the chance to hit next resistance at ~$9,400.

If we do not have/hold support, We have a chance to drop again following the downward channel , hitting our prior resistance of ~$5,500 as a new support. Lower Supports also mapped in case we break $5,500.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out