BTCUSD (12h): Third trend line idea (Nr. 3) > 23800 USD

Let us look at the situation a year ago. We see almost a similar situation. BTC went down from Fibo 1 to Fibo 0.38 at that time. The market recovered quickly and the share price was then at the beginning of March at Fibo 1.23. This is also related to Chineese New Year. If we compare the situation, the market was much more sceptical about Bitcoin a year ago. Don't forget that. And today: Bitcoin launched a new technology. Lightning could be the 2018 Game Changer.

Even if many see a further correction, an longterm upward trend could already start now. That's why I re-entered at ~10,000 USD yesterday. Always with the certainty of quickly dropping out in case of a possible correction. Currently, the forecast is still vague, but possible.

Possible Targets:
Resistance at 14.900 USD
Fibo 0.78 at 16.400 USD
Fibo 1.23 at 23.800 USD

Let's see what happens. Happy trading. :-)

See also:
評論: BTCUSD (15min): update and close up: ishs possible.

評論: BTCUSD (15min): update - little shortterm correction possible. rising wedge. if restistance breaks more up also possible.

評論: BTCUSD (15min): update - support broke. be careful ...

評論: BTCUSD (15min): update - strong resistance line touched. could be the start of the second correction wave. just for info... i took profit. watching now what happens to re-enter.

評論: BTCUSD (30min): update - current situation ...

評論: BTCUSD (30min): update - current short term situation ... trend could be still more down.

評論: BTCUSD (4h): update - way down to the next support line open.

評論: BTCUSD (15min): update - be watchful. rising wedge at 15min chart. low volume.

評論: BTCUSD (30min): update - we saw 10371. be further watchful. resistance is near. more down still possible.

評論: BTCUSD (1h): update - situation chart

評論: BTCUSD (15min): current situation chart

評論: BTCUSD (15min): update ... still in turbulent water

評論: BTCUSD (1h): update - possible up to the resistance. lets see.

評論: BTCUSD (2h): update - shortterm trend channel could still work.

評論: BTCUSD (2h): update - shortterm trend channel still works.

評論: BTCUSD (1h): update - situation chart. btc at the support line. if it breaks, more down possible.

評論: BTCUSD (1h): update - situation looks not bad. btc passed important resistance line. more up possible. trendline in the masterchart above works.

評論: BTCUSD (12h): 12h view in addition

評論: BTCUSD (1h): situation chart ...

評論: BTCUSD (1h): situation chart ... btc touched the support line exactly. if the line is strong enough, we could see a pullback.

評論: BTCUSD (1h): update chart ... the situation has not yet been cleared, but the main resistance line has still kept up. in principle a slightly positive sign.

評論: in addition... sorry. a mistyping. not "resistance line", of course supportline. the purple one.
評論: in addition 12 h view...

評論: BTCUSD (30min): situation chart ...

評論: next chart of the series here:



Support our project and share it. Read more:

Thx for following A N D thx for helping.

Even thought I have been posting so many chart about BTC since Dec 6th 2017, I did advise you about the latest fall. on Jan 27th.

What relevance is the Chinese new year? Thanks
btcinvests noideaihave
@noideaihave, about 15-20 days before the chinese new year the price went down in the last years. chinese sell to get money maybe for holidays, gifts and so on. you can google that.
Hi. The breakout was not large or is not critical?
@legi4, breakout? oh, sorry!!!! of course i mean the main support line. it is the purple one. next support at 9300 (the black one). thx for your question.
legi4 btcinvests
Thanks understand.Online translator :(
@legi4, no translator. the translator would be better. I just wrote it wrong. :-)
legi4 btcinvests
@btcinvests, Yes I just wrote it wrong.
Dear btcinvests, what's your view on linear charts vs log? I can't seem to figure out on which chart my trend lines are valid.
@jobs23, i mainly analyse in linear charts only. log charts are suitable for very long periods of time. with the interpretation of log charts i am a bit more cautious.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出