TradingView: Bitcoin Chart Review Chart Published By Philosof !

in bitcoin โ€ขย  5 years agoย 

Bitcoin Chart Published By Philosof !

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

Bitcoin chart review

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Comment : Gave 8970 as 1st resistance and price stopped right there ๐Ÿ‘Œ 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 โœ… 9070 - 9260
Support: 7555 - 8000 - 8330

๐Ÿ˜ฑ Fear & Greed index: 40 (<= 39 <= 41 <= 44 <= 46 <= 46)
๐Ÿ‘‘ BTC Dominance: 64.1% (<= 64.2 <= 64.5 <= 63.2 <= 62.8)
โš™๏ธ 24h Volume: $151 billion (<= 198 <= 169 <= 156 <= 142)

#Bitcoin #BTC

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CME Bitcoin Futures

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First signs of bounce - whales buy shitcoins. But be careful, as they may be just averaging the price to sell on that swing up.

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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

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ย  ยท ย 5 years agoย 

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