Update: Support Held; Bears Persist; Added Target $BTC #bitcoin
Friends,
A (really) quick update:
1 - 530.00 support held - No surprise here if you are a structural trader.
2 - Price continued to fall
3 - price remains under bearish pressure
4 - Soft (pink) and hard (black) overhead resistance levels defined
5 - New BEARISH target (colored in red, so less probable, as opposed to green = high probable and yellow = probable)
OVERALL:
No change from original predictive analysis defined on February 10th, except for an added low-probability bearish target.
Cheers,
David Alcindor
TradingView Moderator as "4xForecaster"
------------------------------------
Get our signals, analyses and forecast via Twitter:
- Find us under: @4xForecaster
------------------------------------
A (really) quick update:
1 - 530.00 support held - No surprise here if you are a structural trader.
2 - Price continued to fall
3 - price remains under bearish pressure
4 - Soft (pink) and hard (black) overhead resistance levels defined
5 - New BEARISH target (colored in red, so less probable, as opposed to green = high probable and yellow = probable)
OVERALL:
No change from original predictive analysis defined on February 10th, except for an added low-probability bearish target.
Cheers,
David Alcindor
TradingView Moderator as "4xForecaster"
------------------------------------
Get our signals, analyses and forecast via Twitter:
- Find us under: @4xForecaster
------------------------------------