HiTech
Panjang

Time To Buy Bitcoin

COINBASE:BTCUSD   Bitcoin / Dolar
After Bitcoin             found the bottom at $5900, the price started to rise, breaking downtrend trendlines . BTC/USD managed to grow up to $11800 where it produced a double top and went down sharply.

The decline was stopped at the breakout point of the first downtrend trendline , while the second trendline is acting as a support. Additionally, the RSI oscillator is in the oversold condition and also finding the support at the downtrend trendline , suggesting the Bitcoin             potentially reached the bottom of the current wave down.

From this point onwards BTC             could continue the uptrend with the condition that the support will hold. Daily break and close below $8400 should invalidate bullish outlook and could result in a strong decline towards $4000 area.
Top Crypto Telegram Channel: https://t.me/cryptopost
#1 Crypto Blog: http://cryptopost.com
Crypto Forum: http://cryptoforum.com
Alts vs BTC Trade Signals: http://cryptopost.com/signals-membership/

ETH Tip Jar: 0x79BB76B99114F9B33fd3E5477Eb05F2738D51
Nope time to wait and not buy buddy. Likely going to 6.5m
Balas
Not a lot of volume for this bounce, it doesn't look that convincing...
Balas
if the support you mentioned is broken,i am expecting next support will be of MA100 around 7k.If this also doesn't hold then next support is of MA 200 around 4k
Balas
don't buy, bull trap, wait for4-6k. Panic selling > indicators, meaning eventhough everything is oversold, it might get oversold more.
Balas
not yet wait for4-6k
Balas
HiTech MichalMajzlik
@MichalMajzlik, yes, if the current support is broken
Balas
MS Bahasa Melayu
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
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar