Possible resistance and support for BTCUSD in next 36hrs.

Bitcoin (BITFINEX:BTCUSD)

Updated

BITFINEX:BTCUSD Bitcoin

Trend Analysis Chart Patterns Wave Analysis

trendanalysis chartpattern waveanalysis

Hopefully these levels will be tradeable over the next 24+ hours. The large dotted green line at the bottom is drawn from the low of March and July 2017 using a log scale. I didn't expect the recent decline to be as deep as it was and this long term trend line could possibly be solid support for BTCUSD

Comment:

Price is consolidating below 9625. Possible breakout from here with only a minor pullback.

Comment:

Finally got our pullback. We just posted a low of 8770. Buy up to 8970.

Comment:

Patience grasshopper. 8970 was a good entry. 4hr chart now trending up too.

snapshot

snapshot

Comment:

Stop at 8990

Comment:

woops 8890 stop .

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