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Will_Wortel

BITCOIN ->> USD 3200 (BUY THE DIPS)

Bitcoin (BITFINEX:BTCUSD)  
Will_Wortel Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis Bitcoin (Cryptocurrency) BTC HEAD AND shoulders BTCUSD tradingview Cryptocurrency NEWS
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trendanalysis chartpattern waveanalysis bitcoin btc head and shoulders btcusd tradingview cryptocurrency news
Bitcoin is sliding down to possible 3200 USD

The right shoulder is in the making and it's likely to fall hard to 3200.

80% chance it will fall
20% breakout the downtrend (that will be the beginning of a buy signal)

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Comment:
The price is balancing on the support of september 2017. It could be the price will bounce from this support to the next one above. I think the price will go lower because lack of volume.

Share your thoughts in the comments below.
Comment:
BTC breakout the downtrend channel and is testing the resistance right now. BTC is floating on positive news on vaneck vs nasdaq futures and not a big volume increase (what we actually need). In the 1h chart you can see the RSI is high and the MACD is turning bearish again. So, it looks like it's going down to its support 3600. For a serious price increase we need a serious volume increase. That's seems not looking good yet. So in my opinion Bitcoin will test te lower support again and make lower lows.

snapshot
Comment:
candle on 2h chart looks great. is making breakout above resistance to build new support
snapshot
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