We have some reason to believe bitcoin will fall in the next few days. 1. Probable formation of head and sholders. 2- Low bull power. 3 - High support line has been broken. 4- RSI indicator on the daily chart is almost record in recent days.
Zlecenie aktywne
⋅
Also we have a difference of 1000 dollars (6%) between the exchangers Bitfinex, Poloniex and Bittrex.
Komentarz
⋅
Português version: 1- Provavel formação de ombro cabeça ombro. 2- Baixa força compradora. 3- LTA quebrada. 4- Indicador RSI com valores muito altos no gráfico diário. 5- Diferença de mais de 1000 dólares (6%) no preço do bitcoin entre bitfinex, poloniex e bittrex.
Komentarz
⋅
Touch support line
Komentarz
⋅
Near support line and UP. Low buy volume.
Zlecenie aktywne
⋅
Price moving up, but the buy volume continues low, indicate the fall continues.
Komentarz
⋅
Zlecenie aktywne
⋅
(see image attached) The high volume red towers confirms high sell volume. We have a try to break the main upline, but not sucess full, because low buy power. Now a new upline has break.. But careful, now we are in decision zone while price betweel 17000~16150. A new fall channel beggin created, look the new down lines.
Zlecenie aktywne
⋅
We dont have a new break line yet.
Komentarz
⋅
Becareful. Entered in indecision zone. 1700~16150.
Zlecenie aktywne
⋅
One more attempt to break support.
Transakcja zakończona: osiągnięto poziom stop
⋅
BTC breaked the main upline,the short analytic has been end.
It would certainly be healthy for Bitcoin to drop to 12000, but we'll see.
Phattyoshis
⋅
Looking spot on so far! There is a 1000 BTC sell wall on GDAX @ 17250 that is scarying away buyers anytime it even gets close, so now people are just selling and waiting for the bottom of the correction.
veghtiborfoto4e
⋅
Thank You!
veghtiborfoto4e
⋅
Thank you for the analysis. please update every day