fxalchemist

Looking for Bitcoin Bottom

COINBASE:BTCUSD   Bitcoin / Dollar
We are looking for consolidation/rejection at the $3000 mark, look for candle reversals and difficulty passing through this level, if $3000 is broken and we have a full candle close below we can expect seeing $2500 in the near future again looking for reversal signal at this strong psychological level.

IF WE BREAK $2500 we would be at our last resort the $2000 mark which I believe is the absolute rock bottom for Bitcoin             , if we break $2000 there will be grim future for Bitcoin             , but that is highly unlikely! Please take this information and observe the market, I will regularly update my analysis on BTC/USD and share my thoughts on reversal areas, thank you!
Trade ist aktiv: We are getting our bounce that we expected at $3000! It is an even stronger bounce than previously expected, as of now I am a break and close above our last support turned resistance zone @ $3750. If we get that break and close we could be looking at a possible DAILY bullish engulfing candle, which to me would signal a retest and possible break of $5000, I will continue to update! Thank you
Trade geschlossen: Ziel wurde erreicht: 66%+ RETURN! I hope everyone benefited from this trade! Very simple and clean, very excited about breaking $5000 per Bitcoin!! New analysis coming soon once price settles! Thank you and happy trading!
Totally on board with another dip.
Antworten
fxalchemist jeremyalain
@jeremyalain, yes sir. Looks like we are have strong rejection off of that $3000 level, bulls taking control we are testing our previous support turned resistance now @ $3750! Thanks for checking out my analysis!
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Most think the correction is over, but I'm with you: I think we have a little further to go. Perhaps I'm wrong. The market's joyous buying frenzy seems to indicate most think it's over. :p
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@guppy_, smart man! looks like our $3000 bounce is playing out now. Thank you for checking out my analysis
+1 Antworten
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