Bounce into the meridian of a longterm downtrend (#bitcoin)

BTCE:BTCUSD   Bitcoin / U.S. Dollar
While lot's of ppl             in here are full bullish I see just a perfect hit on our intact longterm downtrend channel . RSI inkl. selloff today give us the confirm that the chart will stay in this channel. The only question is how long. But out of question I quess is, that befor any move up we need to find our support level in this channel.

What also confirm this TA is my last one which is even showing a middle-term uptrend channel , also hit the meridian + RSI and Ichimoku cloud confirmed. You'll find it here:

If my TA helps ypu, pls             support my work by following me on
or twitter:
Excellent chart! I especially like seeing the Ichimoku confirmation and the fact that we are above the cloud for now, with support at just the right place for a bounce. This matches the start date for some of my long-term charts for Jul-1st begin to the newest rally up to $4500+ by Jul-26th. I think after Jul-20th, we'll see potential somewhere between $4500-6500, but I've been sticking to a conservative bullish number of $4500. Next long-term rally won't happen for a year to a year and a half from the end of that rally with lots of day trading to be done in the interim.
Reply bad title. I mean: Hit the meridian of a long downtrend channel, for a crash
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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