BTCUSD (12h): Third trend line idea (Nr. 3) > 23800 USD

2018년 1월 18일

Let us look at the situation a year ago. We see almost a similar situation. BTC went down from Fibo 1 to Fibo 0.38 at that time. The market recovered quickly and the share price was then at the beginning of March at Fibo 1.23. This is also related to Chineese New Year. If we compare the situation, the market was much more sceptical about Bitcoin a year ago. Don't forget that. And today: Bitcoin launched a new technology. Lightning could be the 2018 Game Changer.

Even if many see a further correction, an longterm upward trend could already start now. That's why I re-entered at ~10,000 USD yesterday. Always with the certainty of quickly dropping out in case of a possible correction. Currently, the forecast is still vague, but possible.

Possible Targets:
Resistance at 14.900 USD
Fibo 0.78 at 16.400 USD
Fibo 1.23 at 23.800 USD


Let's see what happens. Happy trading. :-)


See also:

https://www.tradingview.com/chart/BTCUSDT/ielRpUdO-BTCUSD-12h-Second-idea-of-a-trend-line-Nr-2-of-a-series/

https://www.tradingview.com/chart/BTCUSDT/kXF7A0aL-BTCUSD-12h-First-idea-of-a-trend-line-new-chart-series/

2018년 1월 18일

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BTCUSD (15min): update and close up: ishs possible.

2018년 1월 18일

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BTCUSD (15min): update - little shortterm correction possible. rising wedge. if restistance breaks more up also possible.

2018년 1월 18일

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BTCUSD (15min): update - support broke. be careful ...

2018년 1월 20일

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BTCUSD (15min): update - strong resistance line touched. could be the start of the second correction wave. just for info... i took profit. watching now what happens to re-enter.

2018년 1월 21일

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BTCUSD (30min): update - current situation ...

2018년 1월 21일

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BTCUSD (30min): update - current short term situation ... trend could be still more down.

2018년 1월 21일

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BTCUSD (4h): update - way down to the next support line open.

2018년 1월 22일

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BTCUSD (15min): update - be watchful. rising wedge at 15min chart. low volume.

2018년 1월 22일

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BTCUSD (30min): update - we saw 10371. be further watchful. resistance is near. more down still possible.

2018년 1월 22일

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BTCUSD (1h): update - situation chart

2018년 1월 23일

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BTCUSD (15min): current situation chart

2018년 1월 23일

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BTCUSD (15min): update ... still in turbulent water

2018년 1월 23일

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BTCUSD (1h): update - possible up to the resistance. lets see.

2018년 1월 24일

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BTCUSD (2h): update - shortterm trend channel could still work.

2018년 1월 25일

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BTCUSD (2h): update - shortterm trend channel still works.

2018년 1월 26일

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BTCUSD (1h): update - situation chart. btc at the support line. if it breaks, more down possible.

2018년 1월 28일

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BTCUSD (1h): update - situation looks not bad. btc passed important resistance line. more up possible. trendline in the masterchart above works.

2018년 1월 28일

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BTCUSD (12h): 12h view in addition

2018년 1월 29일

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BTCUSD (1h): situation chart ...

2018년 1월 30일

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BTCUSD (1h): situation chart ... btc touched the support line exactly. if the line is strong enough, we could see a pullback.

2018년 1월 31일

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BTCUSD (1h): update chart ... the situation has not yet been cleared, but the main resistance line has still kept up. in principle a slightly positive sign.

2018년 1월 31일

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in addition... sorry. a mistyping. not "resistance line", of course supportline. the purple one.

2018년 1월 31일

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in addition 12 h view...

2018년 2월 1일

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BTCUSD (30min): situation chart ...

2018년 2월 1일

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next chart of the series here: