biroutih

biroutih Updated 

time for correction. i expect it to land some where in the red line. then we can talk about what next.

biroutih Updated 

you can watch those levels closely and try to take profit from them.

biroutih Updated 

bull is (most likely) now. wait for good signal and be careful. the lower line in the descending triangle could be a good support. also breaking up the descending triangle is a signal. watch the descending triangle at 4H. i posted down.

biroutih Updated 

BTC still bouncing over weekly support. waiting to break up EMA 55. or we will see new low with slightly move.

biroutih Updated 

risky to trade this here. wait for confirm under weekly support to short or above EMA 55 to long. it could fall suddenly to 3200$ but also it could pump suddenly after falling, so be careful.

biroutih Updated 

interested trend at weekly for Bitcoin. we can see the regression trend for Bitcoin from the beginning of 2018 til today and how price at weekly still hold into this rectangle. weekly opening under this trend or this rectangle will be disaster for Bitcoin. yes there is possibility at this will happen but not today at least. must likely will be bounce from here...

biroutih Updated 

Bitcoin looks bad. it forming shoulders and head at 2H. if BTC break the neckline at 2H will be confirmed as new drop to new low. its hard to say where drop will stop, but if it continue at the same pattern then 2800$ could be the new low. if crushed har breaking the pattern then 2000$ will be more expected.

biroutih Updated 

details explained in the chart. see related idea for 4H chart

biroutih Updated 

BTC moving in 4H inside this black descending triangle. close price is to the head of the triangle small changing in price it is. its moving in range of 100$ now so its very risky to trade this now. if you look to all previous trend you can see how lows of price goes on one straight line and once goes under this line it come back directly to the line. whats...

biroutih Updated 

follow the link for the original idea

biroutih

now BTC will swing between 3500$ and 3600$. I expect BTC to hit 3670$ then we can keep eye on price on 4H. if it break the EMA 21 then bull will start else the down trend will continue and new low will be expected.

biroutih

each time bitcoin reach to the red line then reach to the blue line as well.

biroutih

it could be the bottom and we are heading up again. as long as we are over the blue line.

biroutih

possible scenario for the next move of bitcoin in down trend

biroutih

if BCH hold at this line we will se move up toward 2000$ else 590$

biroutih

if ETH hold this line we will se move up toward 775$ else 420$

biroutih

If XRP hold at this line we will see move up toward 0.8$ or we are moving down toward 0.45$

biroutih

i was following this fractal from the beginning.