HijackedT

HijackedT

Approaching my $9,500 resistance level as mentioned in my previous chat. If this level is broken through Bitcoin and the whole market will begin rising through the year again stronger than before. This is very important because its is a resistance level, a climb out off the downward channel and a climb into the upward trend line. Watch closely over the next day or...

HijackedT Updated 

Bitcoin is approaching the $9,500 resistance level. This is an important level as it will put bitcoin back into a upward trend line and allow for a breakout of the downward channel. $10,500 is the next important resistance point as at this point bitcoin will be out of the downward channel and as well as in the upward trend line. If bitcoin falls back down to...

HijackedT

8826.4 Bitcoin target This would be a breakout of of downward trend and into a upward trend New ABCD upward trend would be formed

HijackedT

It looks like bitcoin has found a good amount of support at level (2). The support at level (2) has so far been a lot stronger than level (1). This maybe a good sign of a strong bottom. If bitcoin dips back below support level (2) there will be nothing to stop it getting to level (3). I believe the support at level (3) will be even stronger but hopefully that...

HijackedT

Bitcoin found support at (1) but broke through. Currently support level (2) is being tested if this falls through I don't see any more support levels significant enough to stop bitcoin going to support level (3). At this level I believe there will be a large volume of buys which will push bitcoin out of this dip. I am looking for a buying opportunity between...

HijackedT

Looking for bitcoin to reach significant support at each of these levels, support level (1) has fallen through and now levels (2) and (3) will be tested Once a strong bottom support has been found bitcoin will begin rising once again