If we break down we can go testing the last $7000 where we could keep ranging or break it as most support is around $6800.
On the other hand, a break here will lead us to the $8500 resistance what is less probable due to the lack of volume on the last pump and the major bear trend
A last dump is needed looking for the liquidity that will grant the strength...
Sep 23: When I posted this almost two months ago I was aware that the probabilities for this to happen were quite remote. Now I am reconsidering this theory as high probable. We are almost breaking one of the last diagonal supports and there are sell signals in all short term graphs.
The weekly graph is at two weeks of confirming a new #bear wave momentum. This...
There is a pump incoming in the next days that could even try the 8.5-9K resistance. However, there is also an expected dump for 19th 20th of June. Enjoy the uptrend but take out your profits before 20th. #BTC #Bitcoin #BTCUSD #trade #Blockchain
BTC needs a correction for reaching the Long term Bullish projection. The daily graph shows the entrance into a Resistance cloud what should generate turbulence on either way. The most common result would be to finish the Weekly Double Bottom that is seen and started since the drop from the 6,400, therefore a drop to 2,900 - 3,000 should be expected (a 10% lower...
