BTCUSD (12h): Third trend line idea (Nr. 3) > 23800 USD

١٨ يناير ٢٠١٨

Let us look at the situation a year ago. We see almost a similar situation. BTC went down from Fibo 1 to Fibo 0.38 at that time. The market recovered quickly and the share price was then at the beginning of March at Fibo 1.23. This is also related to Chineese New Year. If we compare the situation, the market was much more sceptical about Bitcoin a year ago. Don't forget that. And today: Bitcoin launched a new technology. Lightning could be the 2018 Game Changer.

Even if many see a further correction, an longterm upward trend could already start now. That's why I re-entered at ~10,000 USD yesterday. Always with the certainty of quickly dropping out in case of a possible correction. Currently, the forecast is still vague, but possible.

Possible Targets:
Resistance at 14.900 USD
Fibo 0.78 at 16.400 USD
Fibo 1.23 at 23.800 USD


Let's see what happens. Happy trading. :-)


See also:

https://www.tradingview.com/chart/BTCUSDT/ielRpUdO-BTCUSD-12h-Second-idea-of-a-trend-line-Nr-2-of-a-series/

https://www.tradingview.com/chart/BTCUSDT/kXF7A0aL-BTCUSD-12h-First-idea-of-a-trend-line-new-chart-series/

١٨ يناير ٢٠١٨

ملاحظة

BTCUSD (15min): update and close up: ishs possible.

١٨ يناير ٢٠١٨

ملاحظة

BTCUSD (15min): update - little shortterm correction possible. rising wedge. if restistance breaks more up also possible.

١٨ يناير ٢٠١٨

ملاحظة

BTCUSD (15min): update - support broke. be careful ...

٢٠ يناير ٢٠١٨

ملاحظة

BTCUSD (15min): update - strong resistance line touched. could be the start of the second correction wave. just for info... i took profit. watching now what happens to re-enter.

٢١ يناير ٢٠١٨

ملاحظة

BTCUSD (30min): update - current situation ...

٢١ يناير ٢٠١٨

ملاحظة

BTCUSD (30min): update - current short term situation ... trend could be still more down.

٢١ يناير ٢٠١٨

ملاحظة

BTCUSD (4h): update - way down to the next support line open.

٢٢ يناير ٢٠١٨

ملاحظة

BTCUSD (15min): update - be watchful. rising wedge at 15min chart. low volume.

٢٢ يناير ٢٠١٨

ملاحظة

BTCUSD (30min): update - we saw 10371. be further watchful. resistance is near. more down still possible.

٢٢ يناير ٢٠١٨

ملاحظة

BTCUSD (1h): update - situation chart

٢٣ يناير ٢٠١٨

ملاحظة

BTCUSD (15min): current situation chart

٢٣ يناير ٢٠١٨

ملاحظة

BTCUSD (15min): update ... still in turbulent water

٢٣ يناير ٢٠١٨

ملاحظة

BTCUSD (1h): update - possible up to the resistance. lets see.

٢٤ يناير ٢٠١٨

ملاحظة

BTCUSD (2h): update - shortterm trend channel could still work.

٢٥ يناير ٢٠١٨

ملاحظة

BTCUSD (2h): update - shortterm trend channel still works.

٢٦ يناير ٢٠١٨

ملاحظة

BTCUSD (1h): update - situation chart. btc at the support line. if it breaks, more down possible.

٢٨ يناير ٢٠١٨

ملاحظة

BTCUSD (1h): update - situation looks not bad. btc passed important resistance line. more up possible. trendline in the masterchart above works.

٢٨ يناير ٢٠١٨

ملاحظة

BTCUSD (12h): 12h view in addition

٢٩ يناير ٢٠١٨

ملاحظة

BTCUSD (1h): situation chart ...

٣٠ يناير ٢٠١٨

ملاحظة

BTCUSD (1h): situation chart ... btc touched the support line exactly. if the line is strong enough, we could see a pullback.

٣١ يناير ٢٠١٨

ملاحظة

BTCUSD (1h): update chart ... the situation has not yet been cleared, but the main resistance line has still kept up. in principle a slightly positive sign.

٣١ يناير ٢٠١٨

ملاحظة

in addition... sorry. a mistyping. not "resistance line", of course supportline. the purple one.

٣١ يناير ٢٠١٨

ملاحظة

in addition 12 h view...

١ فبراير ٢٠١٨

ملاحظة

BTCUSD (30min): situation chart ...

١ فبراير ٢٠١٨

ملاحظة

next chart of the series here: