Bitcoin Chart Published By Philosof !
https://www.tradingview.com/u/Philosof/
Bitcoin chart review
Comment : Gave 8970 as 1st resistance and price stopped right there ๐ Precisely. Forecast stay the same. If 8700 won't bounce today, BTC will fall to lower support zones at 8300 - 8000 - 7550 to form right shoulder of inverted H&S bullish pattern. Another possible scenario is bounce from 8300 to ~9k and forming a right shoulder of normal bearish H&S pattern. But that scenario doesn't really confront the bigger one, so also possible. Whatever happens, direction is down.
Resistance: 8970 โ
9070 - 9260
Support: 7555 - 8000 - 8330
๐ฑ Fear & Greed index: 40 (<= 39 <= 41 <= 44 <= 46 <= 46)
๐ BTC Dominance: 64.1% (<= 64.2 <= 64.5 <= 63.2 <= 62.8)
โ๏ธ 24h Volume: $151 billion (<= 198 <= 169 <= 156 <= 142)
CME Bitcoin Futures
First signs of bounce - whales buy shitcoins. But be careful, as they may be just averaging the price to sell on that swing up.
Ok guys, if BTC dominance fail to make higher high (which seem to be happening at 4H chart), its a good sign for alts). March may bring us some good trades .
#BTC #BTCdominance #AltsIndex #Altcoins #Dominance
If You Like This Post Upvote,Resteem and Follow Me
Yay!
Your post has been boosted with ESTM. Keep up the good work!
Dear reader, Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app!
Learn more: https://esteem.app
Join our discord: https://discord.me/esteem
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit