It's a very good time to sell all your BTC. The 9000 surge has little volumn, and it cannot go up to meet the up line of the box. It will go to check 6000 support in a few days. Sell all of them now!
As we can see from the chart, we are likely to get a downtrend triangle some days ago, but it's already invalid, because the candles reach the vertex. Now we are likely to get to round bottom, and the main support is around 6000, if it falls below 6000 and cannot get back in one or two days, it will seek support from the long support line.
If the price will not fall below the bottom line, then it will likely become a flag pattern, and we can seek at least 50% profit.
Upward Triangle for next hours. Potential reward is huge, and stop loss is only a little.
From MACD & ADX, we are in a bear market, so we will not make long positions. If price fall below 0.032(previous low), short it, we should at least have 10%~20% profit. If it goes beyond 0.034(previous high), close your short position. As the stop loss percent is 6%, your position shall not be more than 30% of your total asset. Enjoy it.
Main Support Level: -5% Main Resist Level: 5% Trend: Reverse pattern Strengh from Support: Medium Divergence occurs: low
In the past few weeks, it drops out of uptrend rectangle, and goes down just getting support at the same distance as rectangle width, now it's an opportunity to long as the stop price is just near. Main Support Level: Main Support Line Main Resist Level: Day MA 60 Trend: Down Trend. Strengh from Support: Low volume Divergence occurs: MACD low signal Suggest...
As we can see from the diagram, here is detail status: Main Support Level: Line $6138 Main Resist Level: Line dumping Trend: Down Trend. Strengh from Support: Low volume Divergence occurs: Not really. Suggest Position: Wait Stop Price if applicable: 6129(-3.5%) Take Profit Price if applicable: 6680(5%)
Now if we get large push to pump, then we will test 10000 again, if not, we will dump to 6500 to seek support again. It's crucial, now!
The main support 8200 is being tested. If it bouces successfully, then it will go bull. We will have a lot of things to go through this year, we need to keep patience.
After last month's long run from $6800 to $9900, BTC needs to accumulate more power to beyond $10k, which is a significent pump for market's confidence, now it's going to test support for 130 MA(4 hours). As always a long supporter, I cannot say it's time to $10k, we will see another 2 or 3 months for the market to recover. Any market will not recover so quick...
You can find very similar part in the trend line with log. It's exactly the same as this pic: image.ibb.co and find parts of the trend line, at least 4 sub of them and the total, it's the same figure. The strongest will still be the strongest. We should keep faith in BTC and cryptocurrencies, it's a new industry and the future. The Google Trend's BTC searching...
ABCD reverse pattern. Take profit at 4300, and stop loss at 3750