BTCUSD (12h): First idea of a trend line (new chart series)

24 Dis 2017

At the moment we all have only a few facts on which we could base our longer-term TAs. I have therefore tried to draw a possible trend channel roughly and I have tried to derive a trend line. From my point of view, two trend lines are currently quite plausible. If the bulls loses its power and the bears take over, the whole chart is not correct. But according to my TA we are still in a bull market. Because the whole thing is very much in change, I will start a BTC chart series.

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

24 Dis 2017

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BTCUSD (1h): 1 hour close up of the current situation ...

https://ttps://www.tradingview.com/x/QKQTieLz/

24 Dis 2017

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25 Dis 2017

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BTCUSD (2h): update current situation ...

25 Dis 2017

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BTCUSD (2h): maybe were running into a decision triangle. lets see ...

26 Dis 2017

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BTCUSD (4h): btc breaks the short term resistance ...

26 Dis 2017

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BTCUSD (4h): Update ... next strong resitance at 16800. SHS also possible.

27 Dis 2017

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btcusd (4h): update just on the way up to the resistance.

27 Dis 2017

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btcusd (4h): update - possible short term trendline.

27 Dis 2017

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btcusd (2h): update - short term rising wedge broke.

28 Dis 2017

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BTCUSD (4h): update - near support line within the short term channel.



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30 Dis 2017

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btcusd (4h): broke short term support. trendline 1 still works.

30 Dis 2017

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btcusd (1h): shs! ... update

31 Dis 2017

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btcusd (4h): btc went the way as predicted. now we see two strong support lines coming from the past. the blue at 1 and the purple at 2. let see which one is the right one. This allows a better identification of the way to continue. for all those who have been waiting with their reentry, it is now time to watch out for the best time.

1 Jan 2018

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btcusd (2h): btc could not break the short term resistance yesterday. next possible bigger support at 1200.

3 Jan 2018

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btcusd (1h): lets see, if btc also breaks the strong restitance at 15300.