Bitcoin (BTC, XBT) potential hammer reversal

15 Ağu 2019

Hammer forming on the daily chart. I picked up some at this level already, watching the close today. Potential hammer reversal. First target is 20 MA (blue), currently at 10750

16 Ağu 2019

Not

Hammer enough? Let's see, very volatile still.

16 Ağu 2019

Not

UP

18 Ağu 2019

Not

Target 20ma @ 10900

19 Ağu 2019

Not

20 Ağu 2019

Not

20MA hit
Expecting dip

21 Ağu 2019

Not

re-bought

21 Ağu 2019

Not

21 Ağu 2019

Not

100ma support, last chance for bull run a la 2016 here

22 Ağu 2019

Not

The 4hr 20ma was sold off, which is a bearish signal.

23 Ağu 2019

Not

Things looking good, let's see what happens over the next few days. Hopefully will stabilise here.

6 Eyl 2019

Not

This is where the first testing resistance is (see channel main chart). Profits here are slim so I will hold for breakout perhaps next week or sell at below breakeven.

6 Eyl 2019

Not

*... sell below at breakeven lol