It will fall. I am going to explain it later within 4 hours, need to go to a gym now. Don't tell me I don't warn you.
If the red trendline broken. It's going down even further before going up to reach 0.236 fib target.
MACD and RSI says bullish. However, once again, the volume says otherwise. It is unwise to do trade at this circumstances. Trendline is broken, but trendline vary from timeline and some may dismiss. 50 EMA, 200 EMA, and fib remain a possible resistance.
Larger Fib Retractment (on the most left) 0.786 fib 8972.7 Smaller Fib Retractment (ob the most right) 0.5 fib 8894.0 Check to see smaller chart.
MACD crossover about to start, a sign of reversal, bearish. Lower low highs. Equal lows.
Whats up? Welcome to this consistent update analysis on Bitcoin based on our beautiful Fibonacci Retractment Levels. Looking at the 4hr chart we see a consistent Fibonacci Levels, you can see BTC appear to love 0.236 fib, 0.5 fib, 0.786 fib. Additional rules of trend line (pink, dotted red, dotted blue, dotted red) act as a Support and Resistance and will nullify...
Welcome to our consistent update, no need to write a whole paragraph. **update of The Rules of Bitcoin. The art of hodling Bitcoin and USD. **This information is not a recommendation to buy or sell.
Whats up? Welcome to this consistent update analysis on Bitcoin 0.73% based on our beautiful Fibonacci Levels. Looking at the 4hr chart we see a consistent Fibonacci Levels, you can see BTC 0.73% appear to retract to 0.5 fib consistently. It is also unwise to decide a Top or Bottom when the Volume is below Volume Average as some of you may call for reversal...
Time to short!
Not intended for trade advise. It may touch 12k level. Most likely. Heavy resistance at those level which more likely to go down.
Personal analysis, intended for private use only. #1 Dragonfly Doji candlestick formed 2018-02-08. Bullish candlestick pattern. #2 4hr chart surpassed 50 EMA confirmed bullish.
This is private analysis, not intended for public use. Therefore, there will be no drawing. Check older chart. Written against @E55's idea. #1 50 EMA remain as a resistance. Breaks above, inverse head and shoulder, breaks lower, 7016,3k (Fib Retractment 0.786), retest of 6k, 3,511k (Fibbonaci Retractment 1)
The chart says it all.