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Regarding new traders asking for “when big reversal”, here are some scenarios
#Bitcoin spent considerable time in 6000-6500 range. Most key indicators did suggest we will have downside break eventually & we have that now
It can’t do 180 degree turn & reverse all the way /2
#Bitcoin spent considerable time in 6000-6500 range. Most key indicators did suggest we will have downside break eventually & we have that now
It can’t do 180 degree turn & reverse all the way /2
/2 Here are some Scenarios
There is a strong support around 4500+/- 10%, First we need to find the bottom and post a large upside wick in an hourly candle to find the bottom
5700-5850 will offer strong upside resistance followed by 6100 area
/3
There is a strong support around 4500+/- 10%, First we need to find the bottom and post a large upside wick in an hourly candle to find the bottom
5700-5850 will offer strong upside resistance followed by 6100 area
/3
/3
Price will most lively stop at 5700-5750 & 6100 in the topside And come back down, all the way to retest the double bottom area
Some consolidation on the bottom before an attempt to break the topside resistance above 6100
/4
Price will most lively stop at 5700-5750 & 6100 in the topside And come back down, all the way to retest the double bottom area
Some consolidation on the bottom before an attempt to break the topside resistance above 6100
/4
/4
Only a clear break above 6500 will bring us back to neutral territory
Break above 7200 will bring us to slightly bullish territory
Only break above 8900 will be outright bullish but I expect price to hold 8800-9100 area for now as strong resistance
/5
Only a clear break above 6500 will bring us back to neutral territory
Break above 7200 will bring us to slightly bullish territory
Only break above 8900 will be outright bullish but I expect price to hold 8800-9100 area for now as strong resistance
/5
/5
On the downside strong support 4500+/- 10% For Bitcoin with faint possibility to test 3600-3750
Having said that, a lot of ERC20 Utility Tokens Will face SEC heat & May parish completely in this Meltdown, so be selective
Will the market ever bounce back? YES it will /6
On the downside strong support 4500+/- 10% For Bitcoin with faint possibility to test 3600-3750
Having said that, a lot of ERC20 Utility Tokens Will face SEC heat & May parish completely in this Meltdown, so be selective
Will the market ever bounce back? YES it will /6
/7
This is not the first And this won’t be the last blood bath either
Follow some great traders & stay safe during turbulent times
@ChartVampire
@TrueCrypto28
@KoroushAK
@nebraskangooner
@SatoshiiHeavy
Also posting some more great handles shortly. Find a mentor & stay strong
This is not the first And this won’t be the last blood bath either
Follow some great traders & stay safe during turbulent times
@ChartVampire
@TrueCrypto28
@KoroushAK
@nebraskangooner
@SatoshiiHeavy
Also posting some more great handles shortly. Find a mentor & stay strong
