ChartArt
Short

Overbought, back to test last support

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
182 5 3
The price went up too high too fast. I expect a healthy decline back to where this Sunday rally started. I'm not thinking the entire rally (which is just getting started) is already over here. But I expect at least a pullback before it goes higher. This is my overall outlook for the next weeks:

Entry: $242
Stop Loss: $244
Target: $235

Same chart, zoomed out

Target hit.
Reply
ChartArt FluidicFX
Target exceeded :)
Reply
Nice call dude, Bfx hit 236.98, $2 from your target. It just took a day or so. The %R was diverging down during the horizontal correction and lower high and then the market dumped.
Reply
Bullish divergence 4/14---> 4/26, and also broke out of the ascending triangle. Correction wave and then higher is my call.
Reply
ChartArt gbgglenn
I'm not saying the entire rally which is just getting started is already over here. But I expect at least a pullback before it goes higher.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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