charterman
Short

BTC Update. Support has dropped, but ascension may remain.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Ascending channel meets strong resistance point.

Has bounced of fib and will hopefully continue until meeting resistance point again (Technicals currently indicate buy)

Watch for break of support line and update stops often

Note: BTC             had an identical scenario earlier in the ascending channel when it met strong resistance point and continued to soar. Anything is possible
Comment: BTC has breached support again.

Possible head and shoulders.

Although, stochastic currently indicates oversold.

Keep a close eye
Comment: remember 50.0% ($9000) most common retrace for wave 2
EN English (UK)
EN English
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 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out