Hi,
Chart is simple to read!
So BTC is under a 50 MA on a weekly time frame. No doubt, this is trend reversal.
If trend od 2014 continue, the movment of BTC, is gonna bi close to mine drawing.
The blue square is like a magnet, it is drawing BTC to a point of releef, so it can start to climb again.
What i have in alts, i will sel on a bouce. Range 82xx to 85xx.
Have a nice day!
Chart is simple to read!
So BTC is under a 50 MA on a weekly time frame. No doubt, this is trend reversal.
If trend od 2014 continue, the movment of BTC, is gonna bi close to mine drawing.
The blue square is like a magnet, it is drawing BTC to a point of releef, so it can start to climb again.
What i have in alts, i will sel on a bouce. Range 82xx to 85xx.
Have a nice day!
Note
Trend line from 2015 still not broken. If sentiment changes, we can start slowly moving up.If BTC brakes this suport it can test 3.200,00 suport.
RSI on a daily candle! Last time it was this low was SEPTEMBER 2015!
Have a nice day.
Note
Almost 1 year ago. This chart was made.What u think. Spot on?
Note
This one is ageing wellDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.