dfurrer45

dfurrer45

down movement to the second line likely. possible: small up correction after it hits the line and movement to 9400 USD after.

dfurrer45

Now a correction up to the Middle of the Bollinger Band is possible. More up movement is more unlikely.

dfurrer45

It is in the oversold area and out of the BB. This means it should correct into the Bollinger Bands again. This is only short term, the downward movement will probably continue.

dfurrer45

BCH broke through. Because it is already in the oversold area it will probably short term correct upwards, But continue to descending to 1200 USD or below.

dfurrer45

Because BCH did not exit the trend line of the descending triangle (Where the Arrow Points), it looks like it will continue to move down inside the curve drawn. At the end of this and at my support line it could exit the Triangle and start an upwards trend. If it exits the circle or goes under the support line it will probably move down towards a Price under 1200 USD

dfurrer45

BCH could very soon break out of the descending triangle. The RSI is rather oversold too, but not in an clear signal Phase. If it will not break out it can descend to 0.14333 BTC. That will make an up from there Movement even more likely. At this time the RSI would be in an clearly oversold position. If it still won't break out, the probbability is high, for it to...

dfurrer45

Könnte Bitcoin sich in Zukunft so zu der Trend Line bewegen und gegen ende Jahr - anfang neues Jahr wieder an Momentum verlieren? -> Was eine Korrektur ermöglichen könnte.