BTCUSD analysis - Another critical level by happyjeong

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bitcoin · @happyjeong · Apr 14 '18 (edited)

BTCUSD analysis - Another critical level

BTCUSD - short-term analysis

article in tradingview : https://www.tradingview.com/chart/BTCUSD/mADhIeFa-BTCUSD-analysis-Another-critical-level/

![](https://steemitimages.com/DQmPAJPe7nQxvuivt3Pxzn4rJ4kePM3F3neEb8KVcRL8hRH/image.png)

As i mentioned yesterday, $8,240-$8,300 level is quite heavy resistance on the logged scale chart and it's ongoing correction waves by this trend line resistance. 
And now, I believe BTCUSD reached a most critical moment for recent days! 

![](https://steemitimages.com/DQmaU4zfHUVNofK6ihMgZq3AhrW5v2LNx5aZgBweWSC6tv1/image.png)

At the 1hr chart, it seems to be a small triangle! If the short-term convergence keep going, the future trend of the price level will be determined at the end of the convergence! 
If the bullish market occurs, it could challenge $11,600 again. But if the bearish market happens, $4k would be possible. Okay, it's likely to be a huge turning point of the BTCUSD!

👍 happyjeong, alibekov, kolmahan

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@steemitboard · Jan 18 '19

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@steemitboard · Jan 18 '20

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