check this chart,
We have a close at exact precious close at 4h chart, this has 2 views
1- price will try again to break the resistance line and if so (close above it) it will fly higher to good targets around 19K-20K.
2- the price reverse and get back to support line and form a double top///if bounced again it turns to double bottom.
the best action at this time is: short BTC and wait for a confirmation above the resistance line to buy again.
OR wait to buy again at dip if confirmation did not happen.
Good luck
We have a close at exact precious close at 4h chart, this has 2 views
1- price will try again to break the resistance line and if so (close above it) it will fly higher to good targets around 19K-20K.
2- the price reverse and get back to support line and form a double top///if bounced again it turns to double bottom.
the best action at this time is: short BTC and wait for a confirmation above the resistance line to buy again.
OR wait to buy again at dip if confirmation did not happen.
Good luck
Note
Target reached ( trendline)I guess bitcoin now is going back to lower levels
all volume will turn to ETH, ETC, NEO, XRP AND ZEC
let's see :D
Note
Amazing Breakoutwait for retest to buy again
Targets will be updated soon, More than 21,000$
Note
Testing 16500 is very important for BTCclosing a daily candle below this line will take us back to next resistance ~12500
Be careful with your trades these days
Trade active
Trade active
Now we have double bottom at support linewatch the price if it crosses 15200 $ it will pump again :)
If price reverse from 15000$ then we are having double top .
Be careful
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.