BITTREX:BTCUSDT   Bitcoin / Tether
As we see now double bottom was performed and BTC             is rising, last 3 days. Anyone could think that bulls have taken control of the market, but there is currently no reason to believe that more downside will not coming. The selling probably is not over. We are still in downtrend.

Let’s look at it:
1) Now, BTC             is heading EMA200 and EMA21 trend lines . So EMA200 is stronger than EMA21 and i suppose to EMA200 will win and reflect BTC             below $7200. In 3 attempts of 4 BTC             faild and BTC             was reflected down.

2) In my opinion - BTC             have allready finished Elliott Correction Wave ( ABC ) and now continues forming Elliott Impulse Wave (12345) which will dropdown the BTC’s price again below $7000 or deeper.
If I am right We will se price $6000 soon.

3) To make my TA clearer, so I have not drawn there two important formations “long trend descending triangle” and “local trend Ascending Triangle . I'm curious about which pattern win and i bet “Descending Triangle”, bearish , pattern will win and reflect BTC             near price $6000.

Last point … We still in a downtrend until higher high is created = price above $11000.But that does not mean that BTC             will not grow.

Traiding Tips:
1) Conservative Traders:
- Buy $9600
- Sell: $1100 or higher
- Stoploss: $8500

2) Risky Traders:
- Buy: at current price
- Sell: $9600/$10450/$11000
- Stoploss: $7200

3) Scalpers:
- Trading channel $8200 - $9600
- Stoploss: $8000

Always use stoploss and follow your money management. Good Luck!

I hope you enjoy my charts, please writte your comments, hit that like button or follow me.
Thank you!
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 個人檔案設定 帳戶和帳單 我的支援工單 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