The ascending trendline (drawn from Jul. 16 low and Sep. 15 low) is still intact. BTC's dip below the trendline seen earlier today was short-lived.
View:
The previous day's close below $10,313 (50 percent Fibonacci retracement of 2017 low-high) has strengthened the bears.
However, the rebound from the trendline support seen today calls for caution.
A daily close (as per UTC) below the trendline support of $9,780 could yield a drop to $8,052 (61.8 percent Fibonacci retracement of 2017 low to high).
Bullish scenario: A daily close (as per UTC) above $11,690 would turn the tables in favor of the bulls.
The previous day's close below $10,313 (50 percent Fibonacci retracement of 2017 low-high) has strengthened the bears.
However, the rebound from the trendline support seen today calls for caution.
A daily close (as per UTC) below the trendline support of $9,780 could yield a drop to $8,052 (61.8 percent Fibonacci retracement of 2017 low to high).
Bullish scenario: A daily close (as per UTC) above $11,690 would turn the tables in favor of the bulls.
CryptoBullet
💎 Coin : KORE BUY : 0.00045-46 StopLoss: 0.00040 🎯 Sell targets: 1st : 0.00049 2nd : 0.00055 3rd : 0.00065 4th : Open Target
KORE soared to 0.000578
Second target achieved
Profit: +23%
Second target achieved
Profit: +23%
I see lot of channels saying "Sell your BTC to USD now".
This could create a chain of crash. Be careful on your BTC and stay focused.
I don't have any BTC at the moment, all in ALTS.
This could create a chain of crash. Be careful on your BTC and stay focused.
I don't have any BTC at the moment, all in ALTS.
Midterm signal
Buy around : 115 - 117
Try to buy in buy zone, but If price is slithly above, that's not an issue. And if below, well that's even better for you.
Sell : 125 - 135 - 145 - 160 - 170
The BTC+ZCL snapshot date for the Bitcoin Private Hardfork will occur on February 28th.
Buy around : 115 - 117
Try to buy in buy zone, but If price is slithly above, that's not an issue. And if below, well that's even better for you.
Sell : 125 - 135 - 145 - 160 - 170
The BTC+ZCL snapshot date for the Bitcoin Private Hardfork will occur on February 28th.
Current FUD status :
Facebook bans all crypto-currency ads.
This adds again more FUD to the crypto market.
http://www.bbc.com/news/technology-42881892
Also, the wrong interpretation about India statement "Bitcoin is illegal".
The correct interpretation is that Bitcoin can't be used for illegitimate activities. But never they said that they can't trade if they pay their taxes (so legal usage).
Facebook bans all crypto-currency ads.
This adds again more FUD to the crypto market.
http://www.bbc.com/news/technology-42881892
Also, the wrong interpretation about India statement "Bitcoin is illegal".
The correct interpretation is that Bitcoin can't be used for illegitimate activities. But never they said that they can't trade if they pay their taxes (so legal usage).
BBC News
Facebook bans all crypto-currency ads
Efforts to promote crypto-currencies are often misleading and created in bad faith, Facebook says.
ETHUSD About to complete Head&Shouldr pattern that is making $800 a strong support. It should back soon after some clearance. #Buy
BTC bounce hard from 7500 level, rest of the market also picking up on volume
Coin : GAME
Buy at 0.00030-31
StopLoss: 0.00021
Sell targets:
Target 1 : 0.00037
Target 2 : 0.00048
Target 3 : 0.00059
Buy at 0.00030-31
StopLoss: 0.00021
Sell targets:
Target 1 : 0.00037
Target 2 : 0.00048
Target 3 : 0.00059
#BTC is currently forming a double bottom within the last 24h (BTC/USDT chart)
This is usually an indication of a rise.
If BTC breaks the 9.5-10k and stabilize, there will be room for alts to grow.
On the other hand, if btc fails to go up and instead dump again like few hours ago, market will crash again.
This is usually an indication of a rise.
If BTC breaks the 9.5-10k and stabilize, there will be room for alts to grow.
On the other hand, if btc fails to go up and instead dump again like few hours ago, market will crash again.
Coin : RLC
Buy at 0.000203
🎯Sell targets:
Target 1 : 0.00025
Target 2 : 0.00029
Target 3 : 0.00037
Buy at 0.000203
🎯Sell targets:
Target 1 : 0.00025
Target 2 : 0.00029
Target 3 : 0.00037