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Bitcoin - Reversal 3, 2, 1
Bitcoin
Long
Bitcoin - Reversal 3, 2, 1
By UnknownUnicorn180388
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Updated
Feb 6, 2018
1
9
7
176
176
Feb 6, 2018
Currency Pair: BTC.USD
Time Frame: Daily
Predicted Direction: Long
Live BTC.USD updates will be available in the comments section below.
Feb 6, 2018
Comment
Price is now at historical 4hr chart support, should this be broken all eyes would be on the Daily TF.
Feb 6, 2018
Comment
1hr RSI providing significant bullish divergence.
Feb 6, 2018
Comment
Price pulled back to 1hr 50EMA & 38.20%
We will see if price can break above the first minor 1hr resistance just above $7,200
Feb 6, 2018
Comment
Nice clean break above the 1hr 50EMA the 4hr sits at $8686 which would be the next target.
Feb 7, 2018
Comment
1hr 50EMA & 38.20% B&R, more upside is expected to retest the 4hr 50EMA
Feb 7, 2018
Comment
4hr TF.
Within the coming hours i believe we will know more about the longer term outlook for bitcoin depending on the EMA rejection or breakout.
Feb 7, 2018
Comment
4hr price is looking to form a high test candle aswell as the 1hr TF.
We also have bearish 1hr RSI divergence forming running into 4hr resistance.
Feb 7, 2018
Comment
Bitcoin Reversal ( Bull Market )
Price needs to break through 5 structure resistance levels.
Feb 16, 2018
Comment
Perfect 1st rejection, i have now published below my next trading opportunities.
Bitcoin (Cryptocurrency)
BTCUSD
Chart Patterns
Technical Indicators
Trend Analysis
ukforexsignals
UnknownUnicorn180388
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