Kush-TRADE

Unfortunately, one more dip!

BITFINEX:BTCUSD   Bitcoin / Dollar
223 0 2
This is a 4h chart, with fib retracement set at the ATH             and the 2980 low (I find this levels stronger than the ones using the 5400 low). This chart tells me that the price is going to test the 0.786 level at 6600, as well as the bottom of the downtrend channel . If this market finds support there, we can expect an upwards move to retest the most recent resistance at 9400 (0.618 fib level). If there is a breakdown of the 0.786 level, next support levels are 6000, 5400 and 5000.

I'm not a professional trader or technical analyst, this is just what I can read with the little knowledge of TA I've acquired in a few months around this platform and others. Comments and questions are welcome.
Kommentar: Target reached at 6651 (less that 1% to my target). Now as expected, the upwards move is in play, confirmed by the 1h big green candle with volume and a bounce in the RSI at 20. The resistances overhead are at he recent downtrend line (black), the middle of the downtrend channel(red dotted) and the 0.618 fib extension at 9400 area.
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
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