Bitcoin - technically very BULLISH

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Yesterday I made a TA to get my own opinion where the bottom for BTC             could be.
From a technical perspective the BTCUSD             chart looks very bullish to me atm and we also got a small upwards movement since touching these supports. So around 7.5k could have been the bottom. Below a list of bullish signs.

Bullish Signs since yesterday:
- fibonacci retracement level 0.382 support
- EMA 20 on EMA 100 support
- high from 08.11.2017 at 7.9k support
- RSI at around 30 -> historical support
- perfect ABC Elliot Wave correction

If we can't keep the ongoing (small) uptrend, fall back and break through the mentioned supports then we are heading to the very important support zone of 5.5k ( trendline support & low of 12.11.2017 at 5.5k support). This could happen if there is even more/worse FUD..

I will keep you up to date regarding this analysis! :)
Feel free to ask questions or comment
Comment: Uptrend got broken - possibility for double bottom:
Comment: Technically bullish signs all broken.
Take a look at my further analysis, I also explain why, in my opinion, we are having such a heavy correction atm:
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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