BTCUSD support levels, dnot panic

Bitcoin / U.S. dollarBitstamp

Huraian

⋅ 19 Dis 2017 pukul 14.13

My support levels on COINBASE:BTCUSD

BTC levels are strong, it is very common to have retracement and it is healthy as well. After the Futures introduction, we have to get ready for big falls as it can be manipulated easily.

Just an Illustration:

To hold Long in futures, 47% margin has to paid ie., for 100k contract (close to 6 BTC), just pay 47k as margin and have a 100BTC wall on GDAX can help to push many folds and make huge money on Futures.

So expect fluctuations.

Red candles are common in trading, dnot panic.

Komen

⋅ 20 Dis 2017 pukul 17.19

BTC took support at 15920 and bounce back.

The level should hold to avoid any further fall.

Komen

DaveAnderson

⋅ 22 Dis 2017 pukul 06.57

if you had of drawn next support level you would have nailed it, 13200 hopefully the bottom

JeroenMasterTrader

⋅ 19 Dis 2017 pukul 14.36

I am mostly worried about the daily MACD and the high RSI

maheswar81

⋅ 19 Dis 2017 pukul 15.04

@JeroenMasterTrader, Yeah, when RSI is overbought, Price tend to react.

In an uptrend, RSI slowly comes down but the price goes on sidewise.

Lebih