Is bitcoin unable to decide the next destination?

in #mgsc6 years ago

Bitcoin 3.94% can not decide where to go from MPP of last month.
I will continue to select the downtrend approach.

xvxv.jpg

1-1) It rise to MPP (P) near 6641.8 and MPP (P) is functioned as a resistance line.
short.
The first limit is on WePP (P) 6225.1.
The second limit is above 6000.0.
There is WePP (S1) 5904.6 under 6000.0, so there is a risk of extending the limit any further.

1-2) It rise to MPP (P) near 6641.8 and MPP(P) is doubtful that it isfunctioned as a resistance line.
Because I think it is downtrend, Long do not be think.

2-1) fall under 6000.0.and It acted as a resistance line.
short.
The first limit is on MPP (S1) 5504.7. (For prudent people like me)
The second limit is on WePP (S3) 5139.1. (For those who believe in reaching 5000.0)

2-2) fall under 6000.0. and It kept going down without working as a resistance line.
We can not do anything. Wait for some resistance line to function.

-----------------------------***********-----------------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero

-----------------------------***********-----------------------------------
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close

x mark: Line which may not function .

Author : fondiea

Sort:  

Congratulations @ajpawar77! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Sweden vs Switzerland


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

To the question in your title, my Magic 8-Ball says:

Outlook good

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

good job please share this type more information blog and news
read this high viral information about earn money

topic name - Top 10 mutual funds to invest

https://steemit.com/money/@manishlahre30/top-10-mutual-funds-to-invest

this is really helpful

Nice study bro

very good post..good information

Bitcoin will be 10000 doller soon

Yes bitcoin never give up.

Bitcoin will reach high

Coin Marketplace

STEEM 0.22
TRX 0.20
JST 0.034
BTC 98765.99
ETH 3313.55
USDT 1.00
SBD 3.07