11021992
Long

BTCUSD: On to the next trendline

BITFINEX:BTCUSD   Bitcoin / Dollar
Hey traders,

The bitcoin             has broken this bearish trendline a few hours ago. If we look on the 1 hour timeframe, we can also see that it made a retest of the trendline , after breaking out. Expecting some bullish momentum for the next few days.

Kommentar: $1.000 left until we hit the next trendline.
My view on the EUR/AUD and EUR/USD for this week https://youtu.be/hDryiC6wJHg

Interested in learning about harmonic patterns? PM me :)

Sponsor broker https://goo.gl/68jYzP
Hi, I'm still fairly new but I don't see it as a bearish break or a bullish gain. I see it as a point of consolidation which almost looks like a "Head and Shoulders" pattern appearing.
There's also a resistance point at 9000 that needs to be overcome before we can call it a breakout.
There could be a bullish breakout, I just don't see enough here to make me think there is a bullish breakout.

Anyways, like I said, I'm fairly new to this and could be wrong. Just my 2 cents.
Antworten
@bsalem, All comments are appreciated :)

Many times when there is a retest after a couple of candles, without really moving away from it too much, it will break. Of course this is easy to say in hindsight.
If you wanted to be really safe, then the $9.000 was indeed another level for the breakout.
Antworten
bsalem 11021992
@11021992, Thanks for the feedback. I'll keep it in mind.
Antworten
Deutsch
English
English (UK)
English (IN)
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder 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 Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden