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MrClock
16 jun 2020 00:38

Bitcoin, Next Possibilities 

Bitcoin / DollarBitfinex

Beskrivning

After the uptrend line has broken, the next possibilities are very similar, up or down, so at the moment I am protecting my capital in USD until bitcoin has a good signal in which direction it is going.
In the graph I show the bullish possibility that a bullish channel created can follow.
Or keep falling after breaking the uptrend line, in today's candle we had a pullback to that same uptrend line.

Kommentera

Chart update.
Bitcoin remains consolidated with low volume, at the moment I only think about a new buy if the price returns to the 9700 region.

Kommentera

Bitcoin had a good candle for bulls today, breaking the downtrend line.
But the volume continues to decrease.

Kommentera

Bitcoin lost almost all of yesterday's candle, it could have been worse if the daily close had been below 9300.
But if the price remains below 9280 it is likely that the next move will lead us to the 8700 region.

Kommentera

Chart update:

Kommentera

Uptrend channel still valid:

Kommentera

Chart update
If the price remains above 9200 it will be a good sign for bulls, for now I am still sold

Kommentera

I bought back 1/3 bitcoin in 9240, believing that the price will hold on the bullish channel, with a stop in the 8900 region.
Mer