In the XBTUSD chart, the MA line intersects and is scattered near the 8931 point. (50MA, 200MA)
We can see that the 8931 point, that is, the top point of the box section, was in a significant position.
If the price falls, 8989 will play an important role.
In addition, the 200MA, 50MA and Ichimoku baselines are holding up and are expected to buffer the downward trend.
In addition, the 8757 below is also an important point to climb to the important point of the 2019 rise.
This point is easy to fall and not easy to climb.
The current position is not over 100MA.
If BTC continues to fail the challenge, I think the price can be lowered to challenge it.
There is no inflection date at the current position of the XBTUSD chart.
If the decline is near the bottom of the box interval, near 100MA on the weekly chart, the inflection date is around November 4.
As the ship is sailing in the calm sea in good weather, the flow of money towards Altcoin is ideal.
We can see that the 8931 point, that is, the top point of the box section, was in a significant position.
If the price falls, 8989 will play an important role.
In addition, the 200MA, 50MA and Ichimoku baselines are holding up and are expected to buffer the downward trend.
In addition, the 8757 below is also an important point to climb to the important point of the 2019 rise.
This point is easy to fall and not easy to climb.
The current position is not over 100MA.
If BTC continues to fail the challenge, I think the price can be lowered to challenge it.
There is no inflection date at the current position of the XBTUSD chart.
If the decline is near the bottom of the box interval, near 100MA on the weekly chart, the inflection date is around November 4.
As the ship is sailing in the calm sea in good weather, the flow of money towards Altcoin is ideal.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
Before charting the XBTUSD chart again, upload a chart snapshot on Twitter (twitter.com/BbiKkuMi.../1189555911913639936).
The BTC touches 200MA and then rises slightly to its current position.
9080 is near the mid-point of the previous decline.
Even if the price falls further, the price is expected to stay or rise again at 8931.