BITSTAMP:BTCUSD   Bitcoin / Dollar
235 4
Depending where the friday daily candle closes will signify to me if next week will be bearish or bull.

Things to keep in mind:
- Price has hit a strong resistance level
- 4hr chart upward channel
- Hit 1.27 fib ext

If friday closes below this red line the price has formed a lower high signalling a bearish trend . This line is placed on the fib 0.38 retracement level and also lands on a minor resistance level .Therefore closing beneath it will show price has power to move down for the coming week.

If friday closes above this green line the price has formed a higher high signalling a Bullish trend . Also Broken out of the upward channel.

Tell me what you guys think? , have I missed something?
what are the prices of the targets?
dalipips kimmy_kay
@kimmy_kay, I can't really say right now because I need to see how the market plays out before I know my levels Im going to trade but Im hoping:

sell order TP at 12600 with SL at 16500
buy order dont know yet have to see the strength of the breakout
+1 Antworten
kimmy_kay dalipips
@dalipips, sorry; my comment was really vague lol; I meant the green and red lines' prices.
dalipips kimmy_kay
@kimmy_kay, hahaha it's all good. Green line is 16465 and Red line 15415.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Feedback senden Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden