BTCUSD today analysis, 190926. Next $6500, Worst $4000
Hello my friends. It's Cryptoranger K.
BTC also fell more than 12% two days ago. As of today's chart, the candle seems to be supporting the 200-day line. Some experts are expecting a rebound here. I think a little different.
BTC also fell more than 12% two days ago. As of today's chart, the candle seems to be supporting the 200-day line. Some experts are expecting a rebound here. I think a little different.
Comment:
Comment:
Let's look at the 3day chart. The drop hit the bottom of the Bollinger band. In my experience, I have often seen this drop usually occur in two stages. In other words, I believe that the fall is the first step and there is a possibility that it will fall again soon. If the second downside is expected, the bottom is expected to be around $ 6500. Another reason why I think the BTC is going to fall further is the candle that broke through the Ichimoku cloud. If the candle stopped at the beginning of $ 9000, I would have set the direction of the future BTC flow sideways.
I'm also considering the possibility that the price could drop significantly to the early $ 4000 level in the worst case. However, this should be judged based on the shape of future indicators and trend lines.
I'm also considering the possibility that the price could drop significantly to the early $ 4000 level in the worst case. However, this should be judged based on the shape of future indicators and trend lines.
Comment:
Comment:
Another reason is the MACD of the 3-week chart. By the end of the week, Stochastic has already made a dead cross, and the MACD seems to have turned to the downside. If this is the case, I expect the MACD to be on the verge of creating a dead cross by the time the next candle is made. If that happens, there will be no rise for a while. Right now I'm putting a lot of weight in anticipation of the BTC's price going down to $ 6500, and I expect a good rebound will be made there. And I expect that's where we can make a profit.
But as I said a few times before, my trading style is about 30% forecasting and 70% is tailored to the situation. So I will continue to watch and inform you of the daily situation.
Today's analysis is up to here.
I feel like I'm only posting negative texts so I'm heavy.
But I think the most important thing in the market is not to increase assets, but to preserve them.
I hope this has a little positive impact on your assets.
Then I will be happy for the rest of the day and see you again tomorrow.
Thank you.
But as I said a few times before, my trading style is about 30% forecasting and 70% is tailored to the situation. So I will continue to watch and inform you of the daily situation.
Today's analysis is up to here.
I feel like I'm only posting negative texts so I'm heavy.
But I think the most important thing in the market is not to increase assets, but to preserve them.
I hope this has a little positive impact on your assets.
Then I will be happy for the rest of the day and see you again tomorrow.
Thank you.