BITCOIN

in #bitcoin7 years ago

Screen Shot 2018-08-17 at 5.08.57 pm.png
Going for the 4th test on the 6500 resistance level, forming a long possible extended base/neckline for IHS on the hourly chart. Margin short declining, maybe one more push thru to break 6650 may trigger the chain short covering.

Screen Shot 2018-08-17 at 3.03.53 pm.png

News: (Current) | (Upcoming) CBOE BITCOIN ETF, 30 Sep 2018 (may be extended again up to 240days)
| G20 FATF, Oct 2018
Short term moving average (day candle) : crossover, let see if there's a bullish confirmation
RSI :
Depth Chart : (S) 6000, 6100, 6250, 6410 | (R) tight small bears around 6500
Weekly Timeframe :

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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BTC will hopefully breakout 6800 level and then next target would be 7200$

yeah similar views still waiting. it's a tight space upwards thou

It's still short term momentum. Bitcoin will not go for a bullrun anytime soon.

Right shoulder a little bit weak... I was expecting lower

I follow you, I hope for your reciprocity