BTC Correction, Possible Bounce Area

2020年2月17日

BTC bounced once on area 1, but lack of volume and unable to break up last bear candle.
If, BTC break and close under 9600, we might go under 9000.
8700 looks strong enough to hold.

ALTs looks very bearish right now, better stay away and wait until BTC break out from the correction wave.

2020年2月17日

注释

Typo : 9400 not 9600.

2020年2月17日

注释

BTC tested the support area 1 more time, it bounced, buy volume is slowly coming back, candle close a pinbar (a bullish candle), however, its not close above the previous bearish bar. BTC still needs to close above 9850 for confirmation.

side note : ETH, LTC, XZC looking good.

2020年2月18日

注释

Seems like btc will continue the journey to upside.
Long term target 16.800

2020年2月19日

注释

Currently, BTC nearest resist is 10.250 (was hit), 10.380 and 10.920