Bitcoin [BTCUSD] - Levels to watch - Bearish at the moment

25 janv. 2018

Most of the information is in the chart.
We need to consider 2 things:

1st: We will hit 10-10.4k again if strong bulls and tired bear might even stop at 10.8k (but i doubt so). If the bears are strong and we close a candle below 10k I would say we are going down, highly possible target is 8k.
2nd: if we get a good rebound from 10k-10.8k and break 12k on the way up and with strong momentum break the Master downtrend line - I would go long on Bitcoin from there, levels to watch in this stage is 13.2-14.4k.

25 janv. 2018

Note

Best way to watch for reversal is to:
1: identify double fat candles 1 in red 1 in green (for upward movement).
2: a huge pinbar where the peak is pointing downward.
for both scenarios check previous reversals :)

25 janv. 2018

Note

Also watch out for 11k Support which was a previous strong resistance.. If tried and didnt break in few hours, then I will enter

26 janv. 2018

Transaction en cours

We should launch upside soon given the trigger being CME futures termination. So get ready, this is also your last chance of entry