The price is going to bounce from the support zone formed by 6200.00 and 6000.00 levels. Bullish divergence gives a trend reversal signal. RSI confirms price reversal and MACD supports upward movement. DMI allows opening long trades. Pending orders for buy can be placed based on SMA20 at 6500.00 level. Stop orders must be at 6120.00 level. Profit targets are 7000.00 and 7500.00 levels.
Man zoom out. RSI isn't even close to being overbought. This is risky as hell with not a lot of upside.
kim.olav.lunde
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Hey Lavrov. Again thank so much for the update. It seem’s that so many think’s btc is going down to 5000$ support before a new up trend, what is your possision on that? l see you thought’s her, we been down on 6200 support and we bounced up to 6400.
Always following your analysis on these cryptos; thanks for the wondeful feedback! BCH is making me nervous. Would love your thoughts on what you think BCH is going to do compared to BTC. Do you have any invested in BCH? Do you feel it's worth investing any in it? Thanks!
finfreedom99
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@sadian24, I'm wondering the same - what the HELL is going on with BCH? Can someone with more experience explain this somehow?
Amit26
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@finfreedom99, @sadian24 , BCH is all euphoria now, look at the price, its falling faster that it rose. Besides, with all the negativity around it, i will be very careful investing in BCH
CovidScamIsAnIQTest
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Taking long position above 6500, will meet MA at 5750. It looks like it might be drop again from there.
Have you seen this?
pastebin.com/n0aGBMQr I am seeing 5000 again. The whole thing, including this BTC dump is planned as the writer predicted.
PineappleExpress
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@sifeij, everything the writer wrote in that pastebin, he predicted it all correct...
CovidScamIsAnIQTest
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@KrisConnects, We are all being played....lol. wonderful.
UnknownUnicorn1541497
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@sifeij, did he? I see alot of generic stuff he says, not any real details that could proof it. The picture he links as proof is weird. Why would the writer of the Email explain again the plan assuming the recipient already knows. He / she would just write: They are onboard. Why explain all over again assuming both are involved. Imagie you and i go to the cinema to watch Aquaman, we spoke about that earlier. I write you an Email when i'm picking you up. I wouldnt explain you all over again that that we go to the cinema and what movie we watch. The writer says he /she gonna fill the accounts. Seems he / she doing all on her alone - such a big plan executed by one person. No corresponding with the involved ppl. No Email to the "others"? This whole text reads like any Horoscope -it sounds right cause its too generic.