BTC (Bitcoin) Once Again Forming Falling Wedge..!!

2019年10月11日

BTC (Bitcoin)

- In 3D (3 Day Per Candle) Timeframe, Once Again Bitcoin is Forming Falling Wedge Pattern ..

- 2 Lower Lows Already Formed But I'm Expecting Another Lower Low in Coming Days (If BTCUSD Didn't Breakout)

- RSI at 42 & MACD Is Indicating that BEARS Are Looking Weak For Now..(Bitcoin Volume is Also Decreasing So Another Move Ahead)

- At the Moment , 8800 & 9400 are The Strong Resistance Levels & EMA100 is Acting as a Strong Support For Now..(7200)

- MA 100 & Fib 78.6 is The Strong Support(7200), In Case 7800 Support Broke Down Or Flash Crash by BAD NEWS.


BTCUSD DAILY

In DAILY Chart , So far Bitcoin is Moving Inside the Falling Channel.. MACD is Indicating that Bears Are Weak & Now Bulls Will Push Up Its Price.Might Test 9200 in Coming Days..EMA100 is the Strong Resistance Level (9400).

BTCUSD (4h)

In 4hrs Timeframe, BTC is Forming Bullish Flag pattern & Holding 100EMA ..(Looks Bullish)

Bitcoin Dominance

- BTC.D is Also Increasing So It's Good SIGN For BTC (ALTS Are Once Again Back in Bear Market But i'm Waiting For BTC.D Weekly Candle Close)


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The information given is never financial advice. Always do your own research