BTC - something is finally going on
Updated
Lets go see what's going on. The bulls power have to be charged if they want to push the price higher again, cos bears are already starting with showing their strenght.
Ahead of us we have heavy resistance at 9050 and 8840 - short target for small position. I am very curious if this lvls can hold us higher but I am not so sure about that.
In case they can not that should be a warning signal for us. Bulls could have a big problems with activating SL and many of them can start with changing their side.
However next supports lvls we have at 8600, 8400.
On this chart I would like to show the common trend channels which I see at this moment. Nothing special, but I will update if I see an interest.
KEEP AN EYE ON IT!
Ahead of us we have heavy resistance at 9050 and 8840 - short target for small position. I am very curious if this lvls can hold us higher but I am not so sure about that.
In case they can not that should be a warning signal for us. Bulls could have a big problems with activating SL and many of them can start with changing their side.
However next supports lvls we have at 8600, 8400.
On this chart I would like to show the common trend channels which I see at this moment. Nothing special, but I will update if I see an interest.
KEEP AN EYE ON IT!
Note
Nothing changed, we are below the strong resistance 9370. MACD 15min a little bearish divergence
Keep watch.
Note
I expect something like this. After that we get in the bigger bearish divergence.Note
well, this bearish divergence was enough for drop. Note
This is just my corrective vision. I was thinking the another transfer from Mt. Gox wallet and what could trigger on the market. And this chart below is the result of that.. So, after the long time of these many positive points we have a one big negative on the scene again. And this is one of the reasons for swing the mood from bullish enthusiasm to bearish worries. The same situation as at the beginning of this year actually.
FUD is in game.
Note
We are there. Stay tuned.Note
Here is my new corrective vision.
Note
Here we come.
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