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bejaneps
20 feb 2018 12:23

BTCUSD Bitcoin. Quick Trade. Kort

Bitcoin / DollarBitfinex

Beskrivning

Looking at the BTC graph, I see possible C&H pattern. It's obvious that it will retrace from 11500 - 12200 price level and may go until 9500 - 10000.

Slow Stochastic oscillator at oversold level and indicated that price will go down soon, I recommend you to put your sell orders between 11900 - 12200 and to buy at 9500 - 10000. Also, we have resistance at 12000 from Ichimoku Cloud.

Handel aktiv

Correction began.

Handel aktiv

It's more like elliot waves, see pic below, going down until 2/1 Gann Fan and continue long term uptrend.
Kommentarer
gusccbb
Great TA. I hope the analysis will be carried out as before for a good entry fee of $ 8.5K. I see confusing signals at this moment and I stay out. I consult you if this correction could go deeper until they form a double bottom in $ 6k? Thanks for sharing.
Mer