just for fun... Happy weekend!
estimasi BTCIDR terhitung dari harga BTCUSD sideways dengan support 52.68 juta dan resisten 57.15 juta kelanjutan naik dan turun di luar area ini masing2 menuju ke 63-67 juta, atau ke 48.5 juta lagi :D mestinya mengikuti BITFINEX:BTCUSD tentu dengan selisih offset harga yg disebabkan banyak faktor (rate USDIDR, FOMO, FUD, kompor2 dsb..)
IDX:ADHI semoga bisa lewat dan bertahan di atas 1600, supaya optimis melihat level berikutnya
IDX:WIKA support 1750, dalam usaha menuju 2000 ...syukur2 break & lanjoot 2200-2400 dst
buying area 3775-3900, if price drop below 3700 just wait & see for a moment for adding position or cut loss. patience is the king
BTCUSD seems have 4200 barrier, while about 3700 is price balance and support level. When confirming break levels (up/down), potentially seek next levels i.e 5000-above or 3000-2500 Let's see by the end of March ;)
It's important to have a market big picture before start or continue trading and investing. Using bitcoin weekly can be found several major trends, and it is very clear shown. (A) In 2014 until mid of 2015 Bitcoin was in downtrend. (first time I entered the market.. immediately exit with just little tiny profit ...LoL) (B) Trend change is marked with price...
like BTC & ETH, LTC also test its support at 149-100 So, what's wrong with cryptocurrency market? It's nothing wrong :) market always has 3 phases; uptren, dowdtrend and sideways.
ETH is on a minor uptrend support, potentially testing 470 - 350
potentially testing next support 1.228 - 1.220
now BTCUSD price is moving below uptrend 2017, compare to the weekly chart that's still in downtrend channel, the next support to be tested at 6700
it's market choice, would be consolidation area or bearish continuation ;) May you be blessed enough to spend this new year with your parents, friends, loved ones. Be grateful and you will have only good things come your way. Welcoming 2018
updating chart view to fully show 2017 period.
btcusd remains bearish while looking consolidation area Happy holiday!