BTCUSD the correction after the rise

2017년 8월 30일

BTCUSD is currently locked above 4,500. If it continues to keep pushing up, it could rise parabolically and the most fearful thing could happen - a huge correction.

For now, I see BTC touching 4,800 before going down. It could also push further upwards if the market demands so.

These are the support I see in order of critical level:
4000 - a bit critical
3500 - average critical
2500 - most critical

2017년 8월 30일

노트

Still safe as long as it stays above the uptrend line

2017년 9월 1일

노트

We're near 4800

2017년 9월 1일

노트

we just hit target at 4834. will this be the correction?

2017년 9월 2일

노트

We just hit support. Nothing to worry about as long as it stays above support.

2017년 9월 5일

노트

4k touchdown. Would need to stay above 4k if BTC wants to continue moving up. Then if it retests all time high above 4,800 it should need to break above it in order to avoid moving further down. If we fail to break 4,800 then we could see a lower move to 3,500 and most probably 2,500.

2017년 9월 10일

노트

Seems like the downtrend idea could be possible today.

2017년 9월 14일

노트

And so this idea happened. If we will break below 3,400, we could see 2,500.

2017년 9월 15일

노트

We're hitting the targets