itooam
做多

BTC... change of sentiment?

BITFINEX:BTCUSD   比特币/美元
Finally broken through the long term downtrend resistance line (on very good volume too)! Looks promising for a new bull run...?
From my point of view it is very possible

回复
looks like your not yet sure?
回复
retiringsoon1 franzdgreat
@franzdgreat, needs to close at least 1 candle above the line for decisive breakout.
回复
itooam franzdgreat
@franzdgreat, now that btc is seemingly believed to no longer be in a bubble (?), I now feel that technical analysis can show more merit since the market will be less impacted by fake / negative news. I.e., at the peak of the bubble (circa $20k), investors were trying to figure out when to exit their long positions because everyone was fearful that it was in bubble territory etc... Though I now feel the news will have less impact, this cannot be fully ruled out... and so I would much rather wait until the price breaks above the current $9800 resistance (as per the top purple line on my graph) as to whether to become bullish once again.
回复
@itooam, i think BTC is going sideways for months after the bounce
回复
itooam franzdgreat
@franzdgreat, you may be right, there is a common pattern this time of year if you look back the last 4-5 years.
回复
itooam itooam
...at least it ultimately it tends to be bullish ;)
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
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
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 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
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出