BTC has good bullish rally in the recent days, it is normal this great trend to have correction in some moment. On the most oscillators we see divergence coming at this level. The target price of corrections according Fibo are shown on the image - optimistic bearish level @ ~$8300
The moment of crossing this so hard resistance is very important LONG signal. The next key level is $11k, after that it will probably goes to $20k. DON'T MISS THE TRAIN!!!
BTC is going up above the so hard resistance level of the W1 trend line. Very positive LONG signal. Key level is $11k, after this it will probably goes to $20k. DON'T MISS THE TRAIN!!!
Resistance level is passed, the next candle is very important. If it is keep above the down trend line, there can be a reverse of the Week Trend - going to 10k will be easy.
Looks like #BTC need to test the support trend line @ ~$6400-6200
The last resistance @ > $7000 was passed, so It shows strong up move, expecting more gain than the last one, at least to $8k
A little correction, touching the resistance of 4-hour down trend. I still think it will go to $6200 before bounce.
It is close to the bottom support @ $6200. I think it will bounce at least for correction, maybe to the top resistance @ level > $9000. So, a good well managed LONG position can be triggered at level $6200 with massive profit to $9000. With margin position this is huge opportunity. Don’t forget to put stop loss according your risk management. :)
I'm seeing some positive movement in oscillators, is it possible to bounce from here to level of > $8000.00. This will be very positive signal from reversing the trend. I hope that the bottom trend line will not be reached at level < $6000.00. This level is critical, because it can going down to 5k levels easily. So, this can be reversing point now - in 10d to...
The support line is at $6200, the drop from yesterday was total 10% from the price, first 3% done.
String bearish movement, at Day chart after two up moves, now going thru the base line, expected down to $6200 in 6 days.
The SHORT trend at Week Chart continue. Double top at Day Chart, move thru the support, going to test to bottom trend line at $6200.
New long trend for STRATIS, this price now is very cheap. Potential gain is 30%, probably a lot more. POLONIEX:STRATBTC
Ripple fail to revert in long trend. The 80 MA cross 200 so it is expected to see another down trend. At least 5% will be lost again. The support level is expected to be 4498. POLONIEX:XRPBTC POLONIEX:XRPBTC POLONIEX:XRPBTC
Good buy order can be placed with small stop loss for ratio 5:1. Possible break of 7 20 MA and going to break 200 MA, possible new long buy trend. RIPPLE RIP
The price is at lowest point of the trend. The MA 7 and MA 200 are at bulish trend which affirms the long trend. BITTREX:BTCDBTC The price is at lowest point of the trend. The MA 7 and MA 200 are at bulish trend which affirms the long trend. BITTREX:BTCDBTC