Bitcoin ratio trading! Another dip is forecasting to the $5377 levels

in #bitcoin • 5 years ago (edited)

If Bitcoin returned to its previous supports in the past will that happen again now? ...

image.png

Taking in consideration the ratio between the peaks and the MA50 breakouts...

image.png

with the present

image.png

We can find out the retracement at 4971...

image.png

Let's be more conservative and take the last higher peakof the bear market as the first support and we will get a slightly higher number at 5377

image.png

By looking at it on the chart it doesn't sit bad at all on the charts and I am pretty confident we shall at least make another last dip down to close the gaps!

image.png

#trading #crash #bull #busy
5 years ago in #bitcoin by
$1.28
41 votes
Reply 1
Sort:  
  • Trending
    • [-]
     5 years ago  

    Congratulations @kingyus! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

    You received more than 500 as payout for your posts. Your next target is to reach a total payout of 1000

    You can view your badges on your Steem Board and compare to others on the Steem Ranking
    If you no longer want to receive notifications, reply to this comment with the word STOP

    To support your work, I also upvoted your post!

    You can upvote this notification to help all Steem users. Learn how here!

    $0.00
      Reply