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Bitcoin
Long

Is the bottom in for BTCUSD? Nice wick forming on daily chart.

Od Tadej
Zaktualizowano
Beside that RSI is on historical lows and chart patterns drawn seem to support it.

Not buying, just keeping an eye on it.
Uwaga
Seems like falling wedge support couldn't hold the price so we fell bellow.

For now we stopped at next support predicted by VPVR indicator (volume peak at this price).
Uwaga
Support around $4,3k broken...seems like we are going for 3k.
Uwaga
Seems like we have some support around $3,8k.
Uwaga
3k was also a resistance and support in summer of 2017...I think it will act as support again, at least short term...
snapshot
Uwaga
Bounce on $3,2k, resistance at $4,2k
Uwaga
Previous support around 4,2-4.3k hit. BTC still showing some strength.
Uwaga
Bounce exactly at resistance. Let's see how much strength BTC has...
Uwaga
Daily candle closed green just under resistance...BTC staying strong for now.
Uwaga
BTC failed to break price area with a lot of volume in the past so it started bouncing back down.

Stopping above 3k-ish would be a positive sign for BTC price.
Uwaga
snapshot
bottomBTCBTCUSDChart PatternsTechnical IndicatorsTrend Analysiswick
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