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Undecided

4 trillions of dollars has gone Plummeting..,… what’s next?Please pay close attention and we all had gone thru this before. The pre-halving just already started. Big drop just started and over 4 trillion dollars plummeting from whales so what’s next? The next support is 0.00002230 area and if it doesn’t hold then huge free fall and will take back to 0.00001080 area only if happens. If you are still holding double check your profits ; if you want to wait for the another potential dip then you may do so but be smarter and we all had gone thru this type of situation before because of bitcoin halving is around the corner. Be smarter than the market. Be on the lookout of the next coming dip and we aren’t far away for Shiba big bullish move after the big drop finish
BITSTAMP:SHIBUSD
by JoyBoyVegae
1
Btc may just sideways and dump with very little upsideso here is the thing. we are right at where our weekly pivot point it coming it. its possible btc plays out down or up before thie daily/weekly close then either way reverts back to that purple line. I think corretions is just some time away. if you wanted to long try to do it on developing camarilla L3 for daily or weekly around close. If you want short do the same for H3. I do not see a lot good risk reward selling at these current prices. I will say be patient. dont front run anything here. most alts even still hve lower to got to meet their new weekly pivots. and btc going either direction now (unless huge direction) will be only a waste of time.
by Gunslinger2005
At the crossroadI have no open trade right now. I stay at the sideline. The price of Bitcoin still has no direction. While I expected after breaking the 10128 support level two days ago that the down movement will get more momentum, the opposite was true. Will BTCUSD follow the blue curve? Will there be an outbreak on the upper side of the channel in a few days? Will BTCUSD break the blue curve and continue its slow descent to 5511? The Pivot Point system reflects this undecided scenario as support and resistance levels are close together. Pivot Point is at 9568.
BITFINEX:BTCUSD
by luckyhelper
Another day of uncertainty. The battle between bulls and bears on this crucial level is still going on. Stocks are losing value, currencies are dropping, cryptocurrencies are falling and even at the outside of my home, the temperatures are sinking. It is very cold this morning: -8°C! Brrrrr. At least, Bitcoin crossed that important brown dashed bearish trendline yesterday and it fluctuates above that important trendline today. Does it mean Bitcoin is bullish now? Since February 11, 2018, BTCUSD is in an uptrend with higher highs and higher lows. This seems to confirm a bullish scenario. Let us have a look at the Pivot Point system. Pivot Point is at 8657. The price of Bitcoin is undecided and fluctuating around Pivot Point. I expect the blue dotted trendline to provide enough support for driving BCTUSD up to the resistance R1 level at 9245. There will be a test of this R1 level. It is very likely that the price of Bitcoin will bounce on this level and resume its journey towards South. There is just not enough momentum for breaking this strong resistance R1 level.
BITFINEX:BTCUSD
by luckyhelper
3
Another undecided situation.Pivot point is at 8459. Below this point, there is a bearish scenario, above a bullish one. In the green circle, there is a strong trend reversal pattern. However, it only caused a small upmove. This means that the bear trend is still effective. At 7567 and 7540, there are strong support levels. A break of these levels would open the way down to 5511. Should BTCUSD move significantly above the Pivot point, another test of the lower side of the violet triangle would be possible.
COINBASE:BTCUSD
by luckyhelper
1
Slow upmove with narrow swings. Pivot point: 11489 As long as the Pivot point is a support, the overall scenario is bullish. If the Pivot point becomes a resistance, the scenario changes to bearish. Close around the Pivot point, there is an undecided scenario with a sideward trend. Resistaces R1 and R2 and supports S1 and S2 are close together. Therefore, we expect a slow upmove with narrow swings. This is not a good scenario for trading. Spreads will most likely be bigger than the swings.
COINBASE:BTCUSD
by luckyhelper
3