After breaking price 16,500 bitcoin shows signs of recovery. The next target is 19,500 where we will find a resistance at 20,000. We may have minor corrections to the yellow line while going up.
Ripple XRP Wait blue line break and buy. Do not forget the stop loss limit and enjoy ;)
Bitcoin is still in a zone of indecision, in this graphical analysis I am showing the main points of bitcoin and what direction it can take. Always be aware of the broken lines.
Bitcoin is in fall as long as it does not pass the $16500. The suggested purchase is close to the price of 10300, with "stop loss" at 9900. Attention for the yellow line ;)
After a great correction, bitcoin lives. Operation Suggestion: Buy: Between 15950~16100. Target: Between 19700~19800. Stop: 14999. Bonus: You can exit the operation when the green ascending line breaks, it will be an indication of falling start. Wait confirmation after break (pivot).
If you want to buy bitcoin before we have an end-of-fall confirmation, follow graphic strategy. Do not forget to set stop loss in the specified zone below the 9800. We will only be able to buy bitcoin with targets above 25,000 when the bitcoin breaks the 18,000, this value can decrease in the next days.
Bitcoin broke an important upline of the main up channel, that was the great reason for this big fall. If we are certain that this is a correction on the weekly chart, the fall will not stop now. We can not forget the very sharp price increase in recent days, a drop like this was expected. If the fall exceeds the support zone, we will have great chances of...
If price bellow 18000, its probabily will fall to a new buy zone in 16400~15500 level. If price above 19200, its probabily will up to record level 20000. Indecision zone: 19177~18000. Take careful in this zone.
We have some reason to believe bitcoin will fall in the next few days. 1. Probable formation of head and sholders. 2- Low bull power. 3 - High support line has been broken. 4- RSI indicator on the daily chart is almost record in recent days.