POLONIEX:BTCUSDT   Bitcoin / Tether USD
The market has potential for further falling to 8000.00 support level . This level forms with the uptrend line a strong support zone . If the price breaks 8500.00 level and moves lower, a reversal signal from the support zone will give a buy opportunity. Staying above the trend line will be important for further development of the uptrend. If the price drops below the support zone , we’ll see the falling to 7500.00 and 7000.00 levels.

The other level for buying can be above the previous swing high. But it will be possible if the price bounces from 8500.00 level. When the market moves above 9200.00 level, we’ll get a confirmation for the upward movement. We’ll be able to join to this movement based on a breakout signal.
Bình luận: The price is going to break 8000.00 support level. Watch for the price action at the uptrend line. This zone is very important for the bulls.
Bình luận: The market can bounce from the support zone between 8000.00 and the uptrend line. It will give a new buy opportunity.

If the price breaks the uptrend line, we should be ready to see the falling to 7000.00 level and the 2nd uptrend line.
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upgrade? Does it look good to keep going up?
+2 Phản hồi
I go sleep. In this moment btc is get force to growing UP.
The news in the world is good. Up/down is typical. Was born to reaction to people.
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You have nailed it again...absolutely banged - it is bouncing from 8K.
Awesome analysis....thanks for all help.
+5 Phản hồi
Like the approach but I think we're going lower!

Here's my take on it <3
+2 Phản hồi
Watching 7725, let's see what happens
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autm88 GoingDutch
@GoingDutch, I'm watching 7318......for now, but I still think it'll eventually go lower than that unless some big news hits to renew interest. Wish I was psychic. Sure would make life a lot easier. ;-)
Phản hồi
@autm88, Haha yeah that's the level I am watching after 7725 for a double bottom. I am thinking the same man, the hodlers have walked away by now and traders are trying to make a profit when and wherever they can. To really start the bull trend again we probably need a big catalyst of some form. Hahah I wish I would be psychic aswell, either that or a time machine.. ;p
+1 Phản hồi
autm88 GoingDutch
@GoingDutch, Idk, those hodlers are tough to shake. Determined to go down with the ship, but threaten suicide the whole way. lol
+1 Phản hồi
@autm88, Your spot on there! 8200 support broke to easy and was a good bull support line! 7200 is next! Let's watch & see :-)
+1 Phản hồi
"Comment: The price is going to break 8000.00 support level. Watch for the price action at the uptrend line. This zone is very important for the bulls."

8,000 was broke 1 hour ago!....

....if you want to post on TV....please let us know what will happen, not what happened 50 minutes ago....
+14 Phản hồi
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