CapMoore

#1 Crypto Daily BTC/USD Eyeing 9000 Support Jan 31 2018

BITSTAMP:BTCUSD   Bitcoin / Đô la
Price failed to create upward momentum on the back of a Bullish
MACD crossing and has fallen back towards the low from Jan 17
at 9222. Today has this far seen indecision which is shown as a
doji candle (not closed). If we draw the fib levels from the beginning
of the ascending trendline Sep 15 we see that price is trading just
above the 61,8 fib support at 9410, a level which has already been
tested and held support. This fib level along with the trendline and
Monthly S1/Weekly S2 creates a solid support zone 8950-9400.

Despite all the doom and gloom, even from established technical
analysts, if we put all that aside, and look at price action from a
monthly perspective, we see how Bitcoin             started the month well
above the R1 pivot and hasn't yet tested the S1. So there is nothing
unnatural, from a bullish perspective about were price stands now.
S1 should hold support in an uptrend, and so it has and likely will,
if we don't see a dump during the last hours of the month.

From a weekly perspective, the situation is more bearish however,
as price has cut below the Weekly S1. Bulls would like to see price
get back above this level, 10400, on a close, to relieve some
downside pressure. The 11800 resistance is above that. Perhaps
it would clarify things if we saw a wash and rinse of the 9000 level
and chances are we will too. Bulls do not want to see a large red
candle cutting through this level and close below 9000. That will
shift focus to the next support level around 7500. The new Monthly
pivots will also have to be considered when they arrive. The
MACD knot also warns of more downside which is important to note.
Hi, tks for the update. I also released my position yesterday, lost, waiting for a major setback as an attempt to recover.
Are you likely to break the support of $9,6k on the way to $8.5k? I already bounced twice on that value.
The market is still bearish and with some indecision it seems to me. Very susceptible to bad news.
Phản hồi
VI Tiếng Việt
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
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Sàng lọc cổ phiếu Bộ lọc Forex Screener Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất