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UnknownUnicorn180388
6 Th02 2018 06:58

Bitcoin - Reversal 3, 2, 1 Giá lên

Bitcoin / United States DollarCoinbase

Mô tả

Currency Pair: BTC.USD
Time Frame: Daily
Predicted Direction: Long

Live BTC.USD updates will be available in the comments section below.

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Price is now at historical 4hr chart support, should this be broken all eyes would be on the Daily TF.

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1hr RSI providing significant bullish divergence.

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Price pulled back to 1hr 50EMA & 38.20%
We will see if price can break above the first minor 1hr resistance just above $7,200

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Nice clean break above the 1hr 50EMA the 4hr sits at $8686 which would be the next target.

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1hr 50EMA & 38.20% B&R, more upside is expected to retest the 4hr 50EMA

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4hr TF.
Within the coming hours i believe we will know more about the longer term outlook for bitcoin depending on the EMA rejection or breakout.

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4hr price is looking to form a high test candle aswell as the 1hr TF.
We also have bearish 1hr RSI divergence forming running into 4hr resistance.

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Bitcoin Reversal ( Bull Market )

Price needs to break through 5 structure resistance levels.

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Perfect 1st rejection, i have now published below my next trading opportunities.

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junaidurrehman1990
how could you do that, whatever you say it works. When you said it moves to 8K it moves then you said 6K it goes.
You are blessed with something. Anyhow many thanks for your support. Many like me use your analysis for making money.
Love
UnknownUnicorn180388
@junaidurrehman1990, Just years in the markets, i'm sure you will continue to success with the time your putting into the markets :-)
Nbilal
I feel something wrong in this bounce . I know no i guess we'll see another fast crash from $7800 to $5500
UnknownUnicorn180388
@Nbilal, It's possible, price is now pulling back, we will see if this is a consolidation or a reversal.
m_wicked
TomHall, you're a legend. Please keep doing what you're doing.
UnknownUnicorn180388
@m_wicked, Thanks very much mate, appreciate the kind words :-)
Fiyi77
Sorry @tomhall sometimes the terminology goes over my head. Does that mean we could be headed down?
UnknownUnicorn180388
@Fiyi77, I apologise, not necessarily but we are running into resistance, we will know more in the coming hours.
Fiyi77
@tomhall, thank you.
josephtse
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