We have some reason to believe bitcoin will fall in the next few days.
1. Probable formation of head and sholders.
2- Low bull power.
3 - High support line has been broken.
4- RSI indicator on the daily chart is almost record in recent days.
1. Probable formation of head and sholders.
2- Low bull power.
3 - High support line has been broken.
4- RSI indicator on the daily chart is almost record in recent days.
Trade active:
Also we have a difference of 1000 dollars (6%) between the exchangers Bitfinex, Poloniex and Bittrex.
Comment:
Touch support line
Comment:
Near support line and UP. Low buy volume.
Trade active:
Price moving up, but the buy volume continues low, indicate the fall continues.
Comment:
Trade active:
(see image attached)
The high volume red towers confirms high sell volume.
We have a try to break the main upline, but not sucess full, because low buy power.
Now a new upline has break.. But careful, now we are in decision zone while price betweel 17000~16150.
A new fall channel beggin created, look the new down lines.
The high volume red towers confirms high sell volume.
We have a try to break the main upline, but not sucess full, because low buy power.
Now a new upline has break.. But careful, now we are in decision zone while price betweel 17000~16150.
A new fall channel beggin created, look the new down lines.
Trade active:
We dont have a new break line yet.
Comment:
Becareful. Entered in indecision zone. 1700~16150.
Trade active:
One more attempt to break support.
Trade closed: stop reached:
BTC breaked the main upline,the short analytic has been end.
Telegram group: t.me/heavensignals
1- Provavel formação de ombro cabeça ombro.
2- Baixa força compradora.
3- LTA quebrada.
4- Indicador RSI com valores muito altos no gráfico diário.
5- Diferença de mais de 1000 dólares (6%) no preço do bitcoin entre bitfinex, poloniex e bittrex.