Look in the Chart.Short BTCUSD.It has formed a bearish flag with resistance at 50% Fib. Only for educational purpose.Happy trading :)
If goes above 8260 then we moving back up and if break 8140 then going to test next support
bitcoin not able to break thru triangle !
As the Pattern has been reversed we expect BTC has to touch 8000$ in next 6Hours.
btc making higher highs and higher lows... but might face resistance 9200 mark and come to last two horizontal price... not sure just a beginner
If everything goes well, uptrend line direction indicates short term target around 10k indicates buy signal anywhere around $8180
We may have one more major Dip after my Target $8800
According to me the Fall of BITCOIN is over now. from now onwards BITCOIN will start rallying as some big fishes has entered on it in the levels of 6000 to 8000. Volume Spike Rsi at lowest levels Hammer formation made BUY BTC here with Stop loss of 4900$.
Small Correction and Then Booooom - Way to 10 K
bitcoin boom was funded by Indians post demonitisation. the collapse is sharper than the rise....
Created a strategy that guides on investment during the very crucial time when BTC crashed from 18k to 7k levels (at this time). Strategy includes 0.1% commission as is prevalent on exchanges these days . And, however, the current idea/backtest focuses on period after the crash, this strategy performs really well when tested in uptrend/sideways market as...
BITCOIN- near support of 6700-6600 ..
longterm 200ma broken exit. there will be long bear market . downtrend channel broken more