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anibalsantaella
27 Th11 2018 08:25

Bitcoin downtrend analysis  

Bitcoin Liquid IndexBrave New Coin

Mô tả

Indicators:
Fibonacci retracement with extensions (downtrend 2013 - 2015)
Volume profile fixed range
Moving average 200 MA (red line) : a weekly candle never has had a close below the 200MA

Pattern:
Descending triangle 2018 (measure rule): TP $2950


The eyes represent the most relevant levels.

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In the range of $4100 - $4450 the volume is increasing

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Monthly chart and 50MA

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Bitcoin Market Capitalization and support zones

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Chart Bitcoin Market Capitalization 1D
Bitcoin value by support zone and supply https://progressionhttps://www.tradingview.com/x/nbnsZKML

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Chart Bitcoin Market Capitalization 1D
Bitcoin value by support zone and supply progression

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Bitcoin dominance
Supports and Resistances

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Bitcoin Hash Rate has declined around 33% in the last two months, the levels around 34 - 37 EHahs/s could be identified as a cluster https://zone.https://charts.bitcoin.com/btc/chart/hash-rate#ek
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anibalsantaella
anibalsantaella
@anibalsantaella,Bitcoin Hash Rate has declined around 33% in the last two months, the levels around 34 - 37 EHahs/s could be identified as a cluster
anibalsantaella

Hello Guys..if you like this idea give me a thumbs up! Thanks in advance. Trade well and trade safe.
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