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I read a lot of panic tweets; BTC to 4 or 2 K... Yes that could be. But when I look at the trendline (red) BTC is trying to close above. And the bottom Fib of the last uptrend looks like a good support. Could be a THE bottom!
It looks promising. It looks like BTC is breaking the resistance to go up further...
$BTC is at a resistance level and need to push a bit more upwards... On the other hand the shorters are hoping for a new correction check: BITFINEX:BTCUSDSHORTS
I think it's going this way with $BTCUSD but we will see. There could be a double bottom forming also in the 1H chart. That would be a better scenario... wait and see...
$BTC is going down and must find support somewhere. This is my idea, could even go lower but we have seen so much buy pressure in the past.
$LINK is worth a try, with stoploss... - Touched the Low in the 1 Hour graph - Touched the 100 Hour Moving Average - Relative Strength reached below 35 a couple of times
Is XLM ready for a good breakout? It already broke out a small trend line, now get ready for the bigger one...
Possible a good starting point, first get a couple % gain, then set higer stop-loss and hope for the best :)
I see a huge lower bollinger band at this time just like in 2013. In 2013 we were at an all time high of 1100 $ and crashed to lows around 160$. So if history repeats we could see a low of $ 3000 ...
BTC could go lower. When it goes to the 100 day average it will be around be $ 6,000 ... There is a 2,000 $ (!) Doji after the bull run to almost 11,500 $... The last big crash I remember was the run to an ATH of 1,100 $ ... that ATH fits easily in the doji of yesterday: food for thought And it looks like the buy volume is getting lower and sell volume is getting higher.
I'm stopping with drawing straight lines, they just don't work on bitcoin. I'm stopping with linear scale, they just don't work on bitcoin. Let's try log scale and a curve. Not bad 500K at the end of 2018 :)
The problem is, we don't believe in it any more... But that's just the moment that we have to wake up ...
BTC formed a double bottom and double top on the 1H chart. What to do now ... ??? Volume and RSI are going upwards so good hope to go to 10K :)
See the BTC dropping, we can still get there within this small time frame... Hold your breath...
No, bitcoin will go higher and higher... But who knows... There are sings to go lower; overbought RSI @ 1D, Hanging man, Doji after rise and maybe it's a huge overshoot out of the trend channel?