I believe we might see $3500, $3000 or maybe even below $2900 however, the more we fall the harder will be to regain confidence. I could also notice that a few altcoins are getting stronger against BTC and it could cause a swap in the top 1 ranking for good.
This chart's idea is based solely on my Indicator that you can see below, called The Four Kings ( www.tradingview.com/...I-MACD-PrimeTrading/)
and also Fibonacci levels + historical support/resistance levels.
Pay attention to the Ichimoku conversion and base lines as it might suggest where the price will be tested.
I will be updating it if needed to. Please see my other idea posted back in Jan 2018 where I expected to see BTC reaching the $4000 area as a target.
Roof at $30244
Max bottom expected $2980
This chart's idea is based solely on my Indicator that you can see below, called The Four Kings ( www.tradingview.com/...I-MACD-PrimeTrading/)
and also Fibonacci levels + historical support/resistance levels.
Pay attention to the Ichimoku conversion and base lines as it might suggest where the price will be tested.
I will be updating it if needed to. Please see my other idea posted back in Jan 2018 where I expected to see BTC reaching the $4000 area as a target.
Roof at $30244
Max bottom expected $2980
액티브 트레이드:
Longs could be filled from $3600- $3700 level giving us about 9% gain since BTC went up to $4040
코멘트:
Profits Profits
Story of 2 pink lines :) Enjoy guys!
2 PHOTOS below:
PHOTO 1
PHOTO 2
Story of 2 pink lines :) Enjoy guys!
2 PHOTOS below:
PHOTO 1
PHOTO 2
코멘트:
Possible retracement
코멘트:
If BTC breaks down the blue line we might see our entry levels again.
We need to break the yellow line with high volume.