TradingView: Bitcoin Chart Review Chart Published By Philosof ! by khalil319

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bitcoin · @khalil319 · Feb 29 '20

$0.28

TradingView: Bitcoin Chart Review Chart Published By Philosof !

**Bitcoin Chart Published By Philosof !**

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

# Bitcoin chart review

![iaxblw.jpg](https://img.esteem.app/iaxblw.jpg)

**Comment :** Gave 8970 as 1st resistance and price stopped right there 👌 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 ✅ 9070 - 9260
Support:        7555 - 8000 - 8330

>😱 Fear & Greed index: 40 (<= 39 <= 41 <= 44 <= 46 <= 46)
👑 BTC Dominance: 64.1% (<= 64.2 <= 64.5 <= 63.2 <= 62.8) 
⚙️ 24h Volume: $151 billion (<= 198 <= 169 <= 156 <= 142)

#Bitcoin #BTC

![uv24j2.png](https://img.esteem.app/uv24j2.png)

# CME Bitcoin Futures

![v3wdmt.jpg](https://img.esteem.app/v3wdmt.jpg)

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

![uv24j2.png](https://img.esteem.app/uv24j2.png)

![8soh3u.jpg](https://img.esteem.app/8soh3u.jpg)

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

![xl10we.png](https://img.esteem.app/xl10we.png)

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@bob77 · Feb 29 '20

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