BTCUSD (12h): Fifth idea of a trend line (Nr. 5 of a series)

18 Şub 2018

The correction could be completed if the main support line is tested again. It could hit the MA200 (D) (8400) or not so low at 9800 - MA150 (D). If we break the resistance line at 11200, a further direct up is still possible.

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


See also:

https://www.tradingview.com/chart/BTCUSD/lT8PVjE1-BTCUSD-12h-Fourth-idea-of-a-trend-line-Nr-4-of-a-series/

https://www.tradingview.com/chart/BTCUSD/NJrmf1lC-BTCUSD-12h-Third-trend-line-idea-Nr-3-23800-USD/

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/

19 Şub 2018

Not

BTCUSD (30min): close up of the current situation. trendline seems to work.

19 Şub 2018

Not

BTCUSD (2h): chart update. maybe that I warned a little too early in my last post, but we are not yet in safe water. only if the resistance was clearly broken, we have a buy-signal. and don't forget: "I Made a Fortune Getting Out Too Soon" JP Morgan

20 Şub 2018

Not

BTCUSD (15min): chart update. broke resistance.

20 Şub 2018

Not

BTCUSD (4min): chart update. 4h candle close about resistance.

21 Şub 2018

Not

BTCUSD (4min): chart update. down as predicted. trendline still works.

22 Şub 2018

Not

BTCUSD (4h): chart update. on track. trendline/channel works.

23 Şub 2018

Not

BTCUSD (4h): situation chart. on track down.

23 Şub 2018

Not

in addition to the last post... first predicted point has been reached 9600/9800. let's see if the next point (9000/9200) will be reached. at the moment it could still looks like.

23 Şub 2018

Not

BTCUSD (2h): first predicted point has been reached 9600/9800. against my expectations we see a breakout. this opens up the possibility for an ISH with an interim high of 10660. However, we are still in the trend channel down. the correction has not yet been completed with today's breakout imo.

23 Şub 2018

Not

BTCUSD (1h): also possible. thx to @bultbtc. he see another line. could also be possible. be watchful.

23 Şub 2018

Not

BTCUSD (1h): situation chart. more down still possible.

24 Şub 2018

Not

BTCUSD (1h): chart update. lets see where were going and the bottom is.

24 Şub 2018

Not

BTCUSD (4h): volume chart.

24 Şub 2018

Not

BTCUSD (4h): update ... btc versus btcusdshort. why could we expect another down? the btcusdshort has risen sharply. here is a chart comparing BTC against btcusdshort.

24 Şub 2018

Not

BTCUSD (4h): situation chart.

25 Şub 2018

Not

BTCUSD (30min): situation chart. possible bear flag. down trend could not be finished yet.

25 Şub 2018

Not

BTCUSD (2h): fast update. shs possible ...

25 Şub 2018

Not

BTCUSD (8h): also still possible ... lets see. next week is important. By the way, the bulls maybe getting stronger ...

27 Şub 2018

Not

BTCUSD (2h): situation chart.

27 Şub 2018

Not

BTCUSD (30min): Desision point. We reached 10800.

27 Şub 2018

Not

BTCUSD (1h): Desision point. resistance maybe broken.

28 Şub 2018

Not

BTCUSD (2h): three possible scenarios imo: Bullish1: down to 10000, then up within the trend channel (grey). Bullish2: completion of the SHS pattern with an up to 11650. Bearish: Purple trend channel down to 8800. Last one I don't really see, but it is still possible.

1 Mar 2018

Not

BTCUSD (2h): if we break the resistance a second time, strog up possible.

1 Mar 2018

Not

BTCUSD (30min): exactly along the first trend line. see post above. do we now break the resistance?

3 Mar 2018

Not

BTCUSD (2h): on track along the right shoulder. main chart at the top of the post still works.

3 Mar 2018

Not

in addition: important resistance at 13800... black dashed line.

3 Mar 2018

Not

BTCUSD (30min): resistance broke at 30 min

8 Mar 2018

Not

BTCUSD (12h): strong support at MA 200. positive signal! if look at the top/first chart above, MA 200 was expected. now we reached ths point. if btc stay above MA200, the expected trend reveral could come and a strong up is possible.

9 Mar 2018

Not

BTCUSD (D): I'm staying positive. I would currently say maximum correction to 8050, then strong up. 8400 we have already seen. My opinion is that the market should have been cleared up by now. let see.

11 Mar 2018

Not

BTCUSD (4h): three times we have now touched the important support line and it has remained. let's see if it is strong enough.

12 Mar 2018

Not

BTCUSD (8h): chart update ... on the road up. break resistance.

13 Mar 2018

Not

BTCUSD (12h): update chart. situation futher stabil. more up likely.

14 Mar 2018

Not

BTCUSD (8h): update chart. triple bottom poss.

18 Mar 2018

Not

BTCUSD (12h): my lowest supportline reached (black one). it is from the logscale and very longterm. if it is strong, we could see a green week next week.

14 Nis 2018

Not

chart update. new chart here...