BTCUSD is expected to drop to 1st support at 8448.3 where it could potentially react off and up to 1st resistance at 10530.0.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
check this out last chapter of btcusd bank levels in daily timeframe
enjoy
we have one big offer we analyise for you after earning profit we will take our share
just send us which pair you wanna forecast for you bank levels :)
i our view there is no sign of bearish in high time frame
Hi.
Finally, we experience some price movements. The problem area for the price is mark with triangle between 6473.0 and 6586.0 levels. Those are 50% of the last two swings as per W. D. Gann they extremely important.
If price will break through blue TL, then should be smooth sailing or rather smooth flight.
Cheers,
Jim
As I said yesterday, bears want to see trading below 6400. Timeframe is closing for bulls to act. Lots of people trading Demark these days, Counts have given a short entry yesterday and a double down today... so, thats bear af...
good luck happy trading!
According to Fibonacci Retracement & its corresponding Fibonacci Extension, IF the $2,200 was the lowest for price to go from which price continues upwards, then the price will rise to at least $2,900 with time while being resisted even by $2,800.
Entry is Long is best when & at a retracement dip.
You see I circled areas the RSI (Green line) bounced off and signalled bull trend continuation off of level 50, & price upon Supertrend line (green price line support) (June 1-4, 2017)
I believe price movement is currently most like that of June 1st. Price will continue to rise as Traders Dynamic Index signals continuation on my chart only, because the indicator...
