BITCOIN

in #bitcoin8 years ago

Came down hard 3 days ago with some dip buying, can see quite abit of previous support buying orders that trigger the bounce when price went down to test the previous low 5873 zone. Made a new low 5777 and quickly bounce up forming a possible dragonfly doji pattern. Will it test the big triangle base again as there's still some more room (about 5-7 days) before the squeeze point for breakout to either up or down side.
Screen Shot 2018-06-25 at 11.40.49 am.png

Short term moving average : downtrend
RSI : -
Depth Chart : wall 5485 and 8000
Weekly Timeframe : downtrend no reversal pattern yet.

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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Hi,

I wonder how far down BTC will go before turning around ?

gonna see how strong the support level at the previous low around 5777. Probably retest it again see my next btc post

Bitcoin now recovering up nearly 5790 it pump to 6210 now

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