Looking at the monthly chart we see a strong support at 1180 USD forming the lower side of the descending triangle with the downwards trend line on top. If the support at 1040 USD falls, lower targets get activated. 1042 could be a short stop an its way down to levels around 800 USD or even more likely 700 USD. If price breaks through the upper trend line, higher...
Pretty Shoulder Head Shoulder Formation indicating a reversal. Trading idea would be to buy in on a break through at 17.90 USD with targets at 28.50 USD.
Bullish Signal - next top should be 680 USD. Price should not drop below 615 USD to uphold this projection. 680 USD will be the next decision point. A breakthrough would be a STRONG signal for higher prices. Next targets would be 760 USD - setback - 920 USD. This range from 680 USD to 920 USD would be ideal to trade. Unless price breaks through 680 USD, the...
Bitcoin Trend Waves over the last 6 months. 680 is a strong resistance and might be the next top. The next low could be near 600 or below.