Simple and to the point.
1.Currently we are sitting within the $8000 range
2. 20 day moving average of $8120 is acting as strong resistance
3. Bearish sentiment has set in on the MACD and RSI
4. As of right now Next level of support is looking to be $7850
5. Failure to hold $7850 could see a further decline to the 50 day moving average of $5700
6. Possibly within the next 3 to 6 weeks another selloff will occur.
7. Based on current trend, I'm looking for a buy in around February or March of 2020
1.Currently we are sitting within the $8000 range
2. 20 day moving average of $8120 is acting as strong resistance
3. Bearish sentiment has set in on the MACD and RSI
4. As of right now Next level of support is looking to be $7850
5. Failure to hold $7850 could see a further decline to the 50 day moving average of $5700
6. Possibly within the next 3 to 6 weeks another selloff will occur.
7. Based on current trend, I'm looking for a buy in around February or March of 2020
Nota
Currently sitting above the 20 day moving average resistance of $8120 on the weekly line break chart, however my outlook is still bearish. I don't believe $8000 will hold I'm bearish for further decline in the weeks to come.
Nota
Get ready for a test to $7500
Nota
Called that oneNota
Sitting at $7500 levelsNota
Get ready for $7000Nota
Drop to $7000 should occur roughly within the weekNota
expect sideways trading between 8K and 9.5K until halving 2020
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.