BITCOIN - waiting for mon market open

in bitcoin •  17 days ago


Feeling real hard for upside gain and doesn't stay long. On 4hr chart, fake break from possible triangle, almost tested channel top resistance then pullback again. Possible test of channel bottom, can 3398 hold the consolidation longer ? Weekly candle gonna close off soon, can it push up back into 3520 zone to close off weekly candle tri star pattern ? and will the previous big selloff repeat again after the tri star ? Possible light upside before the next sell off.

News: (Current) | (Upcoming)

Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio : 130
Total marketcap :114
Dominance :53.4
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :


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More questions than what there are answers for. Pretty much the story of crypto 2019 in a nutshell - at least so far.

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wonder when the next dip to break 3k

Posted using Partiko Android

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I see the question more as an "if" that a "when". I think chances of that "if" diminish daily, though are still in play for now. As I mentioned in a post a few hours ago - if we had to drop really hard now then I expect the bottom to be at around $2850 - but that figure is slowly rising as time passes.

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that if might still happen after the short bounce burnt out. let wait for the market

Posted using Partiko Android

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Yep. There are no certainties in crypto.