BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
467 0
The exchange rate reaches the 4268usd level defined by our previous analysis. We expect a short correction from this level to 4700 usd. What is currently shown in the technical image? Exchange rate D1 fractal points triggered a greater decline. The "peak axes" of the fractal points are parallel to the fractal points combined with the distance ATR with the wave axis (green line). From this it seems that the exchange rate is declining, but it does not accelerate. We expect the falling exchange rate to reach the bottom of the wave axis. But until now, some corrective rising waves may emerge. The main direction is still decreasing, despite a few days rise.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out