Sunny_Sharma

btc price analysis (breakOut)

BITTREX:BTCUSDT   Bitcoin / Tether
hello friends

I will explain this chart and try to explain how btc             feature price fluctuation its completely based on technically

first will take some past collection when btc             hit 20k.
so we can see there when btc             hit 20k it started its correction and its natural its started dumping and that red trend line becomes downtrend line and another orange trend line becomes major support of that trend and we can see that its taken several times support on that orange major trend support but on 16th of jan 2018 its breakdown orange trend line and its the perfect time for those who didn't sale on 18,19,20k can sell and exit because its break that major support and price will dump until its find next major trend support

now we find that another major support where btc             taken supports that was the blue trend line I have circled where its taken support after major correction and now we can see yesterday its break out that blue major support after major long correction so now we can assume that its become the major support line for this trend.
hence its breakout that blue trend line its act as a support now, so if price fall down it takes support on that blue trend and again raise its a perfect breakout we can buy now when its comes on that blue trend line uptrend is started but it will raise slowly


its completely technically based analysis cant say fundamentally because fundamentally anything happens in crypto world no one can say we can get some ideas through technically. negative news ,fud can manipulate the market trade carefully

thanks,
god bless you
keep earning.
Thanks A Lot
回覆
Great Analysis bro
回覆
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
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 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
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 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