BTC/USD - Analysis Techniques Following the Scenario

in #bitcoin8 years ago (edited)

I hope this analysis will give you ideas about the possible senario of Bitcoin movement
starts with supports and resistances on the graph

Daily :
#BitcoinDaily.png

After the penetration of the support -green line - at (6015.191757)
Bitcoin has touched the next level at around (6600) (600Pips) at this time we waiting for the correction which will take a minimum (250 PIPS) ie between the levels (6220) and (6315).

4H:
in 4 hours Bitcoin can come back to the level (6457) in the picture like price correction as i say in the daily chart, but if the price Break this level the price will drop may extend to the next levels in the limits of (6254 to 6157 ) for price correction

#BitcoinH4.png

For the scenario that everyone expects as I already post on the link:

https://steemit.com/cryptocurrency/@dekall/btc-scenario-for-short-and-long-term-bitcoin
image.png

The price remains likely to rise with the breach of the levels above the white zone, which will rise only monthly levels at (7507) in the future.
#BitcoinDailyw.png

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