Red Alert! Bitcoin (BTC) Breaking Support!

Bitcoin is breaking some key support levles, which could produce a wave of selling. On the four hour chart, BTC has lost the 200 EMA (in purple) and it is currently trading below rising support, as well as the 38.2% retracement level. Sell-side momentum is also increasing on the MACD , making further downside more likely. It is possible that BTC could fall all the way to the "Critical Support Level ," at the 50% retrace. If that level is breached, panic selling will probably engluf this market, and all of the crypto space with it. Definitely be on guard right now, and pay attention to your charts. If this thing starts to move lower, BTC could easily drop below $9,000. Trust me when I say, BTC bulls DO NOT want to lose that critical support level .

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***


I agree, market is nervous a sneeze on a keyboard or a stupid twit could trigger a landslide sale.
+1 回复
I enjoy looking at the poo splatter, good stuff.
+1 回复
@LARC, lol Great minds think alike! =D Please follow, if you haven't already. I would love to have you aboard.
LARC MagicPoopCannon
@MagicPoopCannon, already following. How long have you been trading?
@LARC, Nice! I've been trading for about nine years. I started with stocks, then I moved into options (which I still trade,) and now I'm into crypto.
+1 回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
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 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出