CapMoore

#1 Crypto Daily/H4 BTC/USD Testing Critical 9400 Feb 4 2018

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
On the daily timeframe we see how price has come back to retest the broken
trendline/Triangle pattern from below after putting in a Hammer by the support
and SMA200. Bulls would like to see price establish itself above the 9400 level
marked by the 61,8 Fib retracement. If it does, the next natural destination would
be the 50% Fib at 11400. Above that is the yet untraded Monthly pivot point at 12200,
which, in my opinion will be the big hurdle in an extended bounce up.
On the H4 timeframe (right chart) I have marked important levels with
arrows. Currently we see how price has tested and found support by the
Daily pivot point at 8950, which is also the Kijun Sen (White equilibrium line),
and it is also supported by the Weekly S2 at 9135.
Intraday resistance above this level is the Daily R1 at 9750 and the S/R zone
between 9800-10000. Ofcourse the Cloud will become a hurdle if price can
reach those levels. A failure at current levels will likely take price towards the
Daily S1 and the Weekly S3 at 8300-400.
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 Screener Crypto Screener 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