readCrypto

XBTUSD

readCrypto Mod Updated   
BITMEX:XBTUSD.P   Bitcoin
It is located near 500MA due to the price drop.
The impact of volatility around November 25, the inflection date, is expected to be weak.
However, fluctuations are expected, so beware of trading.

The 1000MA is near the 6543 point and is on the rise.
We expect the price to be supported by 1000MA or 6543 points.

It's a shame that prices have fallen since breaking the "2019 trendline."
The upward trendline, which started from where it just started rising in 2019, is the default upward trendline for 2019.

The downward trend of BTC's price decline is falling steeply.
It is steeper than the downtrend that began on November 18, 2018.
A sudden rise or fall causes a reversal or rebound in most cases.
I think it is showing a good flow to meet such a flow.

We need to check if we can save 6543, an important point on the XBTUSD chart.

The next inflection date at the current price position is around November 30.



Comment:
It is expected that the intersection will be near the 7060 point.
twitter.com/BbiKkuMi.../1198895304235339776
Comment:
Please check if the 7060 point in the XBTUSD supports the 28th of November candle. Wait for the price of the coins to form a box segment. The next inflection date is around November 30.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.