BTCUSD (12h): Fifth idea of a trend line (Nr. 5 of a series)

18 Feb 2018

The correction could be completed if the main support line is tested again. It could hit the MA200 (D) (8400) or not so low at 9800 - MA150 (D). If we break the resistance line at 11200, a further direct up is still possible.

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


See also:

https://www.tradingview.com/chart/BTCUSD/lT8PVjE1-BTCUSD-12h-Fourth-idea-of-a-trend-line-Nr-4-of-a-series/

https://www.tradingview.com/chart/BTCUSD/NJrmf1lC-BTCUSD-12h-Third-trend-line-idea-Nr-3-23800-USD/

https://www.tradingview.com/chart/BTCUSDT/ielRpUdO-BTCUSD-12h-Second-idea-of-a-trend-line-Nr-2-of-a-series/

https://www.tradingview.com/chart/BTCUSDT/kXF7A0aL-BTCUSD-12h-First-idea-of-a-trend-line-new-chart-series/

19 Feb 2018

Nota

BTCUSD (30min): close up of the current situation. trendline seems to work.

19 Feb 2018

Nota

BTCUSD (2h): chart update. maybe that I warned a little too early in my last post, but we are not yet in safe water. only if the resistance was clearly broken, we have a buy-signal. and don't forget: "I Made a Fortune Getting Out Too Soon" JP Morgan

20 Feb 2018

Nota

BTCUSD (15min): chart update. broke resistance.

20 Feb 2018

Nota

BTCUSD (4min): chart update. 4h candle close about resistance.

21 Feb 2018

Nota

BTCUSD (4min): chart update. down as predicted. trendline still works.

22 Feb 2018

Nota

BTCUSD (4h): chart update. on track. trendline/channel works.

23 Feb 2018

Nota

BTCUSD (4h): situation chart. on track down.

23 Feb 2018

Nota

in addition to the last post... first predicted point has been reached 9600/9800. let's see if the next point (9000/9200) will be reached. at the moment it could still looks like.

23 Feb 2018

Nota

BTCUSD (2h): first predicted point has been reached 9600/9800. against my expectations we see a breakout. this opens up the possibility for an ISH with an interim high of 10660. However, we are still in the trend channel down. the correction has not yet been completed with today's breakout imo.

23 Feb 2018

Nota

BTCUSD (1h): also possible. thx to @bultbtc. he see another line. could also be possible. be watchful.

23 Feb 2018

Nota

BTCUSD (1h): situation chart. more down still possible.

24 Feb 2018

Nota

BTCUSD (1h): chart update. lets see where were going and the bottom is.

24 Feb 2018

Nota

BTCUSD (4h): volume chart.

24 Feb 2018

Nota

BTCUSD (4h): update ... btc versus btcusdshort. why could we expect another down? the btcusdshort has risen sharply. here is a chart comparing BTC against btcusdshort.

24 Feb 2018

Nota

BTCUSD (4h): situation chart.

25 Feb 2018

Nota

BTCUSD (30min): situation chart. possible bear flag. down trend could not be finished yet.

25 Feb 2018

Nota

BTCUSD (2h): fast update. shs possible ...

25 Feb 2018

Nota

BTCUSD (8h): also still possible ... lets see. next week is important. By the way, the bulls maybe getting stronger ...

27 Feb 2018

Nota

BTCUSD (2h): situation chart.

27 Feb 2018

Nota

BTCUSD (30min): Desision point. We reached 10800.

27 Feb 2018

Nota

BTCUSD (1h): Desision point. resistance maybe broken.

28 Feb 2018

Nota

BTCUSD (2h): three possible scenarios imo: Bullish1: down to 10000, then up within the trend channel (grey). Bullish2: completion of the SHS pattern with an up to 11650. Bearish: Purple trend channel down to 8800. Last one I don't really see, but it is still possible.

1 Mac 2018

Nota

BTCUSD (2h): if we break the resistance a second time, strog up possible.

1 Mac 2018

Nota

BTCUSD (30min): exactly along the first trend line. see post above. do we now break the resistance?

3 Mac 2018

Nota

BTCUSD (2h): on track along the right shoulder. main chart at the top of the post still works.

3 Mac 2018

Nota

in addition: important resistance at 13800... black dashed line.

3 Mac 2018

Nota

BTCUSD (30min): resistance broke at 30 min

8 Mac 2018

Nota

BTCUSD (12h): strong support at MA 200. positive signal! if look at the top/first chart above, MA 200 was expected. now we reached ths point. if btc stay above MA200, the expected trend reveral could come and a strong up is possible.

9 Mac 2018

Nota

BTCUSD (D): I'm staying positive. I would currently say maximum correction to 8050, then strong up. 8400 we have already seen. My opinion is that the market should have been cleared up by now. let see.

11 Mac 2018

Nota

BTCUSD (4h): three times we have now touched the important support line and it has remained. let's see if it is strong enough.

12 Mac 2018

Nota

BTCUSD (8h): chart update ... on the road up. break resistance.

13 Mac 2018

Nota

BTCUSD (12h): update chart. situation futher stabil. more up likely.

14 Mac 2018

Nota

BTCUSD (8h): update chart. triple bottom poss.

18 Mac 2018

Nota

BTCUSD (12h): my lowest supportline reached (black one). it is from the logscale and very longterm. if it is strong, we could see a green week next week.

14 Apr 2018

Nota

chart update. new chart here...