BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
5EMA is located near point 6703.
Make sure you can support 5EMA.

100EMA has been touched.
The current 100EMA location is located near point 7285.

From the 1W chart's point of view, absolutely support is needed at point 6543.
If you don't get support, you are expected to touch the 1st 5860 point, the 2nd 200EMA (4969.5 ~ 5255), and finally the 4036.5 point.

20EMA and 50EMA are located near point 7757 and are expected to show strong resistance.

If you touch the 7757 point and fall, you have to get support at 100EMA.

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Bitstamp chart.

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Comment: We need to see if it can fall to near 2.41.
If it rises near 3.72, I think the price of the coin market will plummet.

Comments

Check out the similarities in the 1W Stoch, RSI, price related to the 200 MA, and MACD on the week ending on 12/17/18 and the current end of the week.
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readCrypto DocShock1964
@DocShock1964,
Sorry.
I don't know what you are talking about.
Please tell me again in detail.
Reply
DocShock1964 readCrypto
@readCrypto, Ignore all my other lines and notes. Just compare the previously noted indicators where the two magenta lines are on the Stoch. See how similar things look.
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readCrypto DocShock1964
@DocShock1964, Thanks for the good views.
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