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milkny
Jan 11, 2018 8:36 AM

Bitcoin = Support/ Resistance levels for Crash Scenario  Long

Bitcoin / U.S. dollarBitstamp

Description

I call this a Tipping Bloody Mary and its consequences.. This is all mathematical assumption that can be wrong. I consider $ 5,400 - $8,000 areas are very strong Support that we can see again for further growth.
The chart is very simple to interpret for all...

Good Luck

Comment

Bitcoin price tested the $11,300 area once more. if it can't hold on as a support above it we may see price testing Level 2- $9,680 area

Comment

As we can see the Resistance around 11,300 COULD NOT HOLD IT.
Level 2 - $9,680 was also broke
Level 3 - $8,100 was not strong enough
Level 4 - $ 6,630 was tested (ONCE)
Comments
darkandblue
What about the higher lows?
milkny
@retiringsoon1, hi, soon i'll add another chart with HLows

thanks
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