Support in the 7700 area

Bitcoin / DollarBitfinex

Mô tả

⋅ 9 Th03 2018 04:40

Confluence of fib 0.618...0.764 retrace zone and 1.618 of technical analysis tools.

⋅ 10 Th03 2018 13:32

Temporary(?) bottom found at 8400. Likely, a bounce targeting to 10000.

⋅ 12 Th03 2018 17:45

Above 10000 targeting to 10700

⋅ 14 Th03 2018 18:31

One more move down, targeting to the 7700...7300 area.

⋅ 16 Th03 2018 04:55

A move down is close to the bottom or already bottom at 7650.

⋅ 17 Th03 2018 18:17

Elliott Waves technical analysis. A drop below 7000 mean bad news - opening way to attack 6000 support.

⋅ 18 Th03 2018 08:54

Likely, pattern 1-2-3-4-5 completed. The move above 8500 opens way to 10000 high.

⋅ 19 Th03 2018 04:33

Now need to break up 8650 to confirm the intention to continue rise up.

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ctealdi

⋅ 16 Th03 2018 05:16

Finally got to the 7700. What do you think about the descending wedge, could it break up? Thanks

ctealdi

⋅ 16 Th03 2018 05:17

@ctealdi, sorry, too big pic :)

ctealdi

⋅ 12 Th03 2018 17:48

But 7700 first? Thanks

Like2Move

⋅ 12 Th03 2018 18:13

@ctealdi, Only below 8700. Double bottom at 8400, retrace to the 9900 signaling a turn up.