SUPPORT The following level are considered to be safe level for BTC to continue upmove:
Best Safe Level 8067 7930 7587 7502
Critical Level are: 7302 7024 6845
Stop Loss for Buyer: Breaking 6800$ Down, this mean we continue the down journey again.
RESISTANCE: 8372 8823 9075 9289 9683 9975 10255
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE RED: STOP LOSS LEVEL GREEN: SELL TARGETS
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We watch price reaction at exact 8067
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New pattern formed. ISHS
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I smell the bounce here guys
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New post created on BTC to follow up the previous analysis, guys do please have a look and leave your comments.
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Updated post opened to follow the current market effect.
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Bottom of wave 4 seems to be established around 6885$. But there is every possibility of re-test of this level again. So we highlighted 6770 to 6885 to be our bottom for wave 4. Next target for wave 5 is 9900 level.
@RobJay, Holding all my alts, but by now we all should stay 70-80% on BTC while alts take the rest.
RobJay
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@weslad, Remember I lost tonnes of DGB at 486 and I then bought back a small amount at 506. I think sell the amount bought at 506 and rebuy DGB at innevitable 486 during this btc bullrun?
Lambo89
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WOW ! The action was great at level 8067 , but now what do u think , short or long ?
weslad
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@DiyaaAlHarastani, yes this should be the beginning of 8800 journey.
The pattern used is ISHS which signal at 8800$
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Lambo89
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@weslad, great analysis, but plz take a look on death cross...