BTCUSD Are we really downtrend ? Look at it and tell me ?
I'm taking a look at BTDUSD chart, while everyone is bearish, I start to think about it all.
Was 6k the bottom ? I think yes.. cause since we touch it we are not going lower lows.. only higher lows.
Of cource its many drops all the way but, its only support testing ? We have to build it and it will take some time.
From bullish hammer, and big green pinbar after touching 6k, we can draw uptrend line, BTC didnt break it till now,
also we can draw an ascending triangle,the top of it is 12k, resistance that need to be broken to be super bullish
last deep was tested again and bounced back as double bottom should.
Sell volume od that deep was huge, but look at that shitty price action ? That volume couldnt drop price more than 8.3k ?
Look funny. In my opinion BTC is in reversal zone, and for some time will go sideaways to bulid some strong support,
and test new uptrend line. Every dip we can see a lot of buyers come in, those pinbars are tellin all of us its true, sellers are exhaused,
they dont have confidence and steem to push the price lower low. Bulls are defending it from february six, througt all
binance and other FUDs. Maybe I'm wrong, but I belive we have seen BTC bottom, and from 6 feb we are looking at trend
reversal and building a support.
Please comment, I would like to now your opinion. If you like my chart and want to help my education - send me tip,
just ask for wallet in private message.
Trade safe.
Was 6k the bottom ? I think yes.. cause since we touch it we are not going lower lows.. only higher lows.
Of cource its many drops all the way but, its only support testing ? We have to build it and it will take some time.
From bullish hammer, and big green pinbar after touching 6k, we can draw uptrend line, BTC didnt break it till now,
also we can draw an ascending triangle,the top of it is 12k, resistance that need to be broken to be super bullish
last deep was tested again and bounced back as double bottom should.
Sell volume od that deep was huge, but look at that shitty price action ? That volume couldnt drop price more than 8.3k ?
Look funny. In my opinion BTC is in reversal zone, and for some time will go sideaways to bulid some strong support,
and test new uptrend line. Every dip we can see a lot of buyers come in, those pinbars are tellin all of us its true, sellers are exhaused,
they dont have confidence and steem to push the price lower low. Bulls are defending it from february six, througt all
binance and other FUDs. Maybe I'm wrong, but I belive we have seen BTC bottom, and from 6 feb we are looking at trend
reversal and building a support.
Please comment, I would like to now your opinion. If you like my chart and want to help my education - send me tip,
just ask for wallet in private message.
Trade safe.
评论:
评论:
As you see from the time I'm posted first chart it was MArch 12, BTC didnt make lower low, I still Think 06 february 2017 was the real bottom.