BTCUSD (12h): Third trend line idea (Nr. 3) > 23800 USD

18 янв. 2018 г.

Let us look at the situation a year ago. We see almost a similar situation. BTC went down from Fibo 1 to Fibo 0.38 at that time. The market recovered quickly and the share price was then at the beginning of March at Fibo 1.23. This is also related to Chineese New Year. If we compare the situation, the market was much more sceptical about Bitcoin a year ago. Don't forget that. And today: Bitcoin launched a new technology. Lightning could be the 2018 Game Changer.

Even if many see a further correction, an longterm upward trend could already start now. That's why I re-entered at ~10,000 USD yesterday. Always with the certainty of quickly dropping out in case of a possible correction. Currently, the forecast is still vague, but possible.

Possible Targets:
Resistance at 14.900 USD
Fibo 0.78 at 16.400 USD
Fibo 1.23 at 23.800 USD


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


See also:

https://www.tradingview.com/chart/BTCUSDT/ielRpUdO-BTCUSD-12h-Second-idea-of-a-trend-line-Nr-2-of-a-series/

https://www.tradingview.com/chart/BTCUSDT/kXF7A0aL-BTCUSD-12h-First-idea-of-a-trend-line-new-chart-series/

18 янв. 2018 г.

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BTCUSD (15min): update and close up: ishs possible.

18 янв. 2018 г.

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BTCUSD (15min): update - little shortterm correction possible. rising wedge. if restistance breaks more up also possible.

18 янв. 2018 г.

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BTCUSD (15min): update - support broke. be careful ...

20 янв. 2018 г.

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BTCUSD (15min): update - strong resistance line touched. could be the start of the second correction wave. just for info... i took profit. watching now what happens to re-enter.

21 янв. 2018 г.

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BTCUSD (30min): update - current situation ...

21 янв. 2018 г.

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BTCUSD (30min): update - current short term situation ... trend could be still more down.

21 янв. 2018 г.

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BTCUSD (4h): update - way down to the next support line open.

22 янв. 2018 г.

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BTCUSD (15min): update - be watchful. rising wedge at 15min chart. low volume.

22 янв. 2018 г.

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BTCUSD (30min): update - we saw 10371. be further watchful. resistance is near. more down still possible.

22 янв. 2018 г.

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BTCUSD (1h): update - situation chart

23 янв. 2018 г.

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BTCUSD (15min): current situation chart

23 янв. 2018 г.

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BTCUSD (15min): update ... still in turbulent water

23 янв. 2018 г.

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BTCUSD (1h): update - possible up to the resistance. lets see.

24 янв. 2018 г.

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BTCUSD (2h): update - shortterm trend channel could still work.

25 янв. 2018 г.

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BTCUSD (2h): update - shortterm trend channel still works.

26 янв. 2018 г.

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BTCUSD (1h): update - situation chart. btc at the support line. if it breaks, more down possible.

28 янв. 2018 г.

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BTCUSD (1h): update - situation looks not bad. btc passed important resistance line. more up possible. trendline in the masterchart above works.

28 янв. 2018 г.

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BTCUSD (12h): 12h view in addition

29 янв. 2018 г.

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BTCUSD (1h): situation chart ...

30 янв. 2018 г.

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BTCUSD (1h): situation chart ... btc touched the support line exactly. if the line is strong enough, we could see a pullback.

31 янв. 2018 г.

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BTCUSD (1h): update chart ... the situation has not yet been cleared, but the main resistance line has still kept up. in principle a slightly positive sign.

31 янв. 2018 г.

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in addition... sorry. a mistyping. not "resistance line", of course supportline. the purple one.

31 янв. 2018 г.

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in addition 12 h view...

1 февр. 2018 г.

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BTCUSD (30min): situation chart ...

1 февр. 2018 г.

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next chart of the series here: