POLONIEX:BTCUSDT   Bitcoin / Tether USD
Current bullish movement will touch on 9000usd down trending channel resistance.
With current lack of buyers the price will be rejected.
Once buyers are exhausted the drop will be fast back down to a strong previous support line around 5000-5200
Which also falls on a strong previous trend line and the current down trending channel support line.
I cant see price getting much lower than this with out a whole heap of fundamental help
Bình luận: If we drop down after hitting 9k support but get a small bounce of a support line around 8300 and close above the previous LH, it will 80% complete a head and shoulders pattern, which will follow a trend reversal and we could turn bullish again
:) fingers crossed.
Phản hồi
@ultracoin, IMO that is exactly how it will play if we break support at 9k ish, i believe we will see a fake out not a mooning straight away, which is why i would not be entering until it has that pull back or until confirmation its running up.
Phản hồi
What happens if it breaks 9000?
Phản hồi
@Eyates, i would be weary of a fake out so dont go chasing trades if it breaks out over 9k, it could well do but if the break out is eaten up i would not be entering.
there is lot of previous structure with support and resistance counting in thousands as a psychological figure for people to buy and sell.
10,000 resistance, then 11,000 then 12,000 etc etc.
If btc does start running after a 9k break out i reckon we could see a descent run as people sitting on the side lines start reentering chasing the price.

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