Next bitcoin support range is around 6.7k - 7.4k usd!

Bitcoin (BITFINEX:BTCUSD)

Mis à jour

BITFINEX:BTCUSD Bitcoin

trendanalysis chartpattern waveanalysis btcusd bitcoin crypto cryptocurrency

Explanation is on the chart!

Commentaire:

Just wanted to say, i'm out since I got stop-lossed at 9.4k usd. Waitin for a new opportunity to go long again. So I look for the support range I drawed or I wan't to see a really strong reversal pattern forming. Otherwise I keep my money in usd.

Commentaire:

We formed a rising wedge, but already dropping below. 7k usd is still my main buy-in area.

Commentaire:

For now this is still my main idea! Unless we see a big increase in buy volume. But we made a bigger rising wedge, volume is already declining heavily. Predicting the bitcoin atm is really hard. We just have to have a close look!

Commentaire:

I had questions regarding wave two. It looked a bit weird.

Commentaire:

I had questions regarding wave two. It looked a bit weird. So for the best explenation I just counted the waves on the smaller time frame. If you look at that, everybody understand why it's wave two on a bigger degree I think ;)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.