Bitcoin
Long
Mis à jour

The time to act..

283
is fast running out.
Transaction en cours
It might not feel like it but the black Friday BTC sales will soon be over..

snapshot
Transaction en cours
Long term support channel broken on the daily chart. Next support line now at 3k... will wait until confirmation on the 3-day chart. BTC now very oversold. Good opportunity to dollar cost average in.
Transaction en cours
Keeping an eye on this one, currently we're 75% correction from ATH (assuming 19.2k). In 2014 we stretched to a 85% correction, which would take us to 3k. At the moment we're holding long term trend on the daily support, will be interesting to see if support continues. snapshot
Transaction en cours
Still holding the long term trend on the daily chart. There's a lot of folks saying the long terms trend is broken on the weekly charts, but I don't see the point in measuring the moves of the past few days until a full week is past. Yes, could still crash down to 3k, however if we're above trend at the end of the week, then we're cool.

snapshot
Note
Another note of interest, look at the RSI! Never has there been so many sellers in Bitcoins history - who is selling and who is buying?! Could be the Bitcoin Cash wars, which is a good thing at the end of the day, don't want such individuals holding such large quantities of Bitcoin.
Trade fermée manuellement
The long term trend line is broken. Let me say that again, a trend line that Bitcoin has been creating since the get go is no longer. That is incredible. 3k is the inevitable next stop representing a 90% correction. There's little to no reason why it should stop there as per previous correction since the long term trend line has now been broken. As before Stochastic & RSI charts now show oversold stronger than at any other point in the history of the project.

snapshot
Note
Will the 200 week moving average save us from further despair?

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Transaction en cours
The 200 week MA may hold at $2800 but that does not mean the 3-day MA will not dip down to $1200.

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Transaction en cours
Bitcoin re-charging. One more visit to 3.2k area before something special?

Happy holidays everyone.

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Trade fermée: cible de profit atteinte
Higher highs now being replaced with lower highs. Correction surely now due.

Clause de non-responsabilité

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