MrClock

Bitcoin, Next Possibilities

MrClock Updated   
BITFINEX:BTCUSD   Bitcoin
After the uptrend line has broken, the next possibilities are very similar, up or down, so at the moment I am protecting my capital in USD until bitcoin has a good signal in which direction it is going.
In the graph I show the bullish possibility that a bullish channel created can follow.
Or keep falling after breaking the uptrend line, in today's candle we had a pullback to that same uptrend line.
Comment:
Chart update.
Bitcoin remains consolidated with low volume, at the moment I only think about a new buy if the price returns to the 9700 region.
Comment:
Bitcoin had a good candle for bulls today, breaking the downtrend line.
But the volume continues to decrease.
Comment:
Bitcoin lost almost all of yesterday's candle, it could have been worse if the daily close had been below 9300.
But if the price remains below 9280 it is likely that the next move will lead us to the 8700 region.
Comment:
Chart update:
Comment:
Uptrend channel still valid:
Comment:
Chart update
If the price remains above 9200 it will be a good sign for bulls, for now I am still sold
Comment:
I bought back 1/3 bitcoin in 9240, believing that the price will hold on the bullish channel, with a stop in the 8900 region.

Telegram group: t.me/heavensignals
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.