Hi friends , as per my previous chart trends are now about to get bullish soon and we are close to buyzone with one more dip. Pink Trend line which is also median trend line holds resistance level while red the original path for the BTC.
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Good day ladies and gentlemen we have finally crossed the downtrend and there is hope for a new powerful rise. At the moment the bears are still fighting with the bulls but the overall chart looks very good as we have almost completed the invers head and shoulders pattern. BTC has reentered the downtrend channel but the Stoch RSI in the 1h chart appears to be...
Ladies and gentlemen as we are witnessing a very interesting movement in BTC it’s time for another update on yesterdays post. I have to slightly correct myself concerning the expected downtrend of BTC today. The chart is looking bullish and the Stoch RSI is still stable but trending to an upward movement. Will that be the end of the downtrend? That’s a very...
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So I have plotted the scenarios for BTC, please note that it has not been accurately plotted for actual times so dates/times may be off but prices and levels are all based on correct support and resistance areas and if we break through each support or resistance point there is secondary scenarios to play out. The most logical right now is if we break through 9200...
Still on a clear downtrend. Looks like a bear pennant to me. Unless we get a clear breakout upward I'd set buy orders for 8000.