Remember the chart for DCRBTC? I'll share in the related ideas below...
Here we have something similar, we have a very long lower wick/shadow on the latest candle which can signal that the bears fought to push prices down but the bulls entered back with force.
This signal is only confirmed once the candle close.
Looking at the daily timeframe, the main chart above... We can see a lower high and the bearish volume being very low.
If prices manage to close above 0.00000131 today or EMA10, we will this INXBTC jump strong and print huge gains.
namaste , do you remember me when you all trader think bitcoin will go down but i told you you are in a big mistake??? till now bitcoin exactly 100% grow up it was the thing i was talking about it.
The bulls won completely and the bearish view never materialized.
I am happy this is the case... Even though my bearish view didn't playout, I am a Bitcoin Fan/Bull and I was only reading the chart signals.
Just as I mentioned that prices would go down "if" support broke down, I also mentioned that the analysis is invalidated if prices move back above resistance.
We had maybe 3-4 bearish analysis and 10-12 bullish analysis.
This is long in the past and we can now clearly see that Bitcoin is a bull.
when you all trader think bitcoin will go down but i told you you are in a big mistake???
till now bitcoin exactly 100% grow up it was the thing i was talking about it.