Tradingview: Bitcoin Chart Review and Update #2 ?

khalil319 (54)in #bitcoin • 4 years ago

BTC Chart Published By Philosof at TradingView

https://www.tradingview.com/u/Philosof

BTC Chart 1

BTC Chart 2

Bitcoin chart review

Comment : Look at BTC Chart 1 Bitcoin still within downtrend, failed to grow above 21 EMA at 4H timeframe and now making another swing down. Potential targets for bullish bounce are visible at 4H chart. But if go down then next will be 3300-3400. The higher will be the bounce, the higher chances it will take price to test 6k resistance.

Look at BTC Chart 2 BTC also testing 5300 resistance now after last 4H candle closed doji. Praying for bulls .

Last Stage Of PAIN ,GAIN Will Be Unimaginable. Market Will Be Uptrend Till Last Quarter Of 2020.Consolidation & Accumulation After 3 to 4 Months Of Halving.

Newton's Third Law ,MORE PAIN = MORE GAIN. For Every Action ,There is An Equal & Opposite Reaction.BTC if Drop $4,000 in 24hrs Then BTC Will Pump $4,000 in 24Hrs Too.
You Will See That Day & That Time I will Repost Same Thing what i am Saying Now.

Dont Try to Find Exactly Bottom ,Who Knows If It Already IN or Will Drop To Sub $3,000 Range. It is Situation of BOTH Panic & FOMO . When BTC Start Dumping ,U Also Start Thinking $3,000 or $1,000 & When BTC Start Pumping Few Hundred Dollars ,U Are in FOMO.Better Buy Partially In This Situation.

Don't Think Profit For Short Term. Long Term ,Till 2021 You Must be In Huge GAIN.

Resistance: 5300 - 5650 - 5960 - 6500
Support: 4550 - 4100 - 3700 - 3400

Fear & Greed index: 11 (<= 8 <= 9 <= 12 <= 8 <= 10)
BTC Dominance: 62.9% (<= 63.6 <= 64.1 <= 63.7 <= 63.8)
⚙️ 24h Volume: $114 billion (<= 150 <= 122 <= 109 <= 178)

#BTC #Bitcoin

Check This Post:

Donald Trump announcement. Be careful with all of your trade positions. Better close them now. BTC may dump.Or pump In any case, we should see some volatility.

https://twitter.com/realDonaldTrump/status/1240394725783416840?s=20