BTCUSD (12h): Fifth idea of a trend line (Nr. 5 of a series)

BITFINEX:BTCUSD   Bitcoin / Đô la
The correction could be completed if the main support line is tested again. It could hit the MA200 (D) (8400) or not so low at 9800 - MA150 (D). If we break the resistance line at 11200, a further direct up is still possible.

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

See also:

Bình luận: BTCUSD (30min): close up of the current situation. trendline seems to work.

Bình luận: BTCUSD (2h): chart update. maybe that I warned a little too early in my last post, but we are not yet in safe water. only if the resistance was clearly broken, we have a buy-signal. and don't forget: "I Made a Fortune Getting Out Too Soon" JP Morgan

Bình luận: BTCUSD (15min): chart update. broke resistance.

Bình luận: BTCUSD (4min): chart update. 4h candle close about resistance.

Bình luận: BTCUSD (4min): chart update. down as predicted. trendline still works.

Bình luận: BTCUSD (4h): chart update. on track. trendline/channel works.

Bình luận: BTCUSD (4h): situation chart. on track down.

Bình luận: in addition to the last post... first predicted point has been reached 9600/9800. let's see if the next point (9000/9200) will be reached. at the moment it could still looks like.
Bình luận: BTCUSD (2h): first predicted point has been reached 9600/9800. against my expectations we see a breakout. this opens up the possibility for an ISH with an interim high of 10660. However, we are still in the trend channel down. the correction has not yet been completed with today's breakout imo.

Bình luận: BTCUSD (1h): also possible. thx to @bultbtc. he see another line. could also be possible. be watchful.

Bình luận: BTCUSD (1h): situation chart. more down still possible.

Bình luận: BTCUSD (1h): chart update. lets see where were going and the bottom is.

Bình luận: BTCUSD (4h): volume chart.

Bình luận: BTCUSD (4h): update ... btc versus btcusdshort. why could we expect another down? the btcusdshort has risen sharply. here is a chart comparing BTC against btcusdshort.

Bình luận: BTCUSD (4h): situation chart.

Bình luận: BTCUSD (30min): situation chart. possible bear flag. down trend could not be finished yet.

Bình luận: BTCUSD (2h): fast update. shs possible ...

Bình luận: BTCUSD (8h): also still possible ... lets see. next week is important. By the way, the bulls maybe getting stronger ...

Bình luận: BTCUSD (2h): situation chart.

Bình luận: BTCUSD (30min): Desision point. We reached 10800.

Bình luận: BTCUSD (1h): Desision point. resistance maybe broken.

Bình luận: BTCUSD (2h): three possible scenarios imo: Bullish1: down to 10000, then up within the trend channel (grey). Bullish2: completion of the SHS pattern with an up to 11650. Bearish: Purple trend channel down to 8800. Last one I don't really see, but it is still possible.

Bình luận: BTCUSD (2h): if we break the resistance a second time, strog up possible.

Bình luận: BTCUSD (30min): exactly along the first trend line. see post above. do we now break the resistance?

Bình luận: BTCUSD (2h): on track along the right shoulder. main chart at the top of the post still works.

Bình luận: in addition: important resistance at 13800... black dashed line.

Bình luận: BTCUSD (30min): resistance broke at 30 min

Bình luận: BTCUSD (12h): strong support at MA 200. positive signal! if look at the top/first chart above, MA 200 was expected. now we reached ths point. if btc stay above MA200, the expected trend reveral could come and a strong up is possible.

Bình luận: BTCUSD (D): I'm staying positive. I would currently say maximum correction to 8050, then strong up. 8400 we have already seen. My opinion is that the market should have been cleared up by now. let see.

Bình luận: BTCUSD (4h): three times we have now touched the important support line and it has remained. let's see if it is strong enough.

Bình luận: BTCUSD (8h): chart update ... on the road up. break resistance.

Bình luận: BTCUSD (12h): update chart. situation futher stabil. more up likely.

Bình luận: BTCUSD (8h): update chart. triple bottom poss.

Bình luận: BTCUSD (12h): my lowest supportline reached (black one). it is from the logscale and very longterm. if it is strong, we could see a green week next week.

Bình luận: chart update. new chart here...


German Bitcoin Consultant · Trading · Research · Investing

Investing in Bitcoin and Cryptocoins since 2014.
Trading experience for over thirty years.

If you can't process BTC dip to near $2500, don't buy. One more thing: BTC will not bullish until the end of 2019. However, if you are long term investor (yearly), you have nothing to worry as BTC might up to $80000 on 2021.
Phản hồi
@vh6889, thx for your comment. my portfolio is 40 longterm 40 swing 20 day. at the moment i am only in with the longterm. in addition. 2500 is not likely. we will see more sideways. this is a kind of bottoning imo.
Phản hồi
vh6889 btcinvests
I think it's possible.
Phản hồi
@vh6889, yes also possible ... I see an intermediate high.
Phản hồi
This is great!
Phản hồi
@MarcelV, thx my friend. :-)
Phản hồi
Plus we have G20 meetings on 20 March I think so this could / will influence things. Very tricky right now.
Phản hồi
btcinvests noideaihave
@noideaihave, yes indeed. at the end btc, ltc and the hole cryptomarket is stronger. at the moment, we see an huge consolidation. longer and deeper than in the past, but we are still in an longterm bull market - according to my analyses. thx for your comment.
+1 Phản hồi
Are we rekt now?
Phản hồi
@leondb, under 6300 maybe yes. im still long with my longterm portfolio. just for info.

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 Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc 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 Gửi phản hồi Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất