7164 DONE! 6528 DONE! Taking profit around 5000, and stopping loss technically beyond 6528 but be careful about the volitility.
In the short term, BTC price has coming to the long term support line. This could be a good price to go long.
After two days continous drop down, BTC may find its FIRST BOTTOM here around 7600 . 1. TD sequence shows the signal to buy long at the end of TD setup. 2. The RSI has reached the new low and even below 20 currently. 3. The CRSI shows the new low is higher than the last low. What are we waiting for ? 1. We are waiting for a long lower shadow in a relative...
The price has failed to stand on the EMA260, and the highest point just touched the fibo0.5. This shows how weak it is in the short term. Furthermore, the price has droped beyond AB0.809, and now temporarily stops at CD0.764. But it will not rebound in the 4H chart. The first support price is around 8274 , and the price may rebound for a little while. But it...
Plz read the chart.
As shown in the graph. Be patient and catch the short opportunity.