If and all btc holds above 45k for couple of days or for a week ... It can get a huge pump and have chances of a good reversal back to long!
I CONCLUDE BY SAYING BTC TRAVELLING IN THE GOLDEN RATIO!
Bitcoin just retested its all time high range and recorded an inverted hammer in the supply zone (Weekly). Clear distribution is seen in lower timeframes like 4 hours and 1 hour; many patterns are identified. If these patterns were identified without the weekly inverted hammer, then we can consider long. But in this case, its clear indication of distribution.
The...
As mentioned in the chart its broke out from that falling wedge we need to wait for confirmation. wait for it to cross that resistance, this token can give up to 3x profit even more, good project, the team is also good.
EPS TO THE MOOON
Buy Bitcoin @26000 for long
Reason behind for buying pure action ANALYSIS
Sorry for previous analysis failing it was my first faild price action
Hit like if try to catch the momentum
according to history of volume btc has done 4000 twice with big volume . this flat movement are the sign of (12500) or the major support (6700) there goes buy nd sells
hey guys btc dumping if this does not bounce from downtrend support channel then it will becomes more negative and can fall into the green demand zone 3200_3100$
Good Luck
$BTC #BTC is having strong resistance aroun 7200$ and will see reversal from this level in 6 - 7 days
if it goes up around 7200$ - 7500$ than should come to around 6000$ again
best time to enter in alts coin is when btc will come below 6000$ again in this sep month
Bull Run will be started after 10th of oct. 2018
stay turned
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