Hello. My name is Teracoin.
Let's perform analysis of bitcoin_usd chart.
Now bitcoin has met the long - term trend line, which is the 7900 line. And then it falls off the long-term trend line, and it's backed up at Fibonacci's 0.236 point, about 7719 dollars.
The direction of the bit-coined flow appears to be determined by the upward flow. It seems to have moved beyond the pattern of a falling triangle and made a very strong climb.
The four-hour deadline is likely to close at $ 7700.
And I think we'll go up again and get out of the long term trend line.
If the trend line for long term falls out of the line, it is judged that the flow of the bitcoin will proceed in a rising pattern.
To summarize the bit-coined flow after this time :
- $ 6950
- $ 8057 (completed) Resistance points on long term downward trends
- $ 7720 (in progress) (0.236 Resistance of Back-Up Fibonacci)
- $ 7509 (If the worst drops)
- $ 8494 (resistance to backtrack Fibonacci 0.382)
- $ 8175
- $ 9120
The points 4) and 5) will be omitted if they are subjected to the strong upward flow over the bit-coined flow. And it's likely to reach 9120 immediately, so please note.
Please refer to the chart below to determine the trend of bitcoin, and then refer to selling virtual currency later