Crypto Screener Forums Bitcoin (BTC) Forecast – Technical Analysis Bitcoin (BTC) Technical Analysis – September 2017 Reply To: Bitcoin (BTC) Technical Analysis – September 2017

#415
AndreSnyman
AndreSnyman
Participant

BTC Panic

I have attached 2 charts this morning, which one will be the one to follow.

1st Chart is coinbase daily chart. There support is still in tact of 4240. They had a holiday yesterday, let’s see what the Americans do tonight.

The 2nd chart is Bitstamp daily chart. This chart broke the support line on 4240. If it closes below the line it will be bearish.

We need to keep a cool head in times like this, I have seen normal shares drop 1000 + points in a day only to recover in the next week.

Wait for an entry on the hourly chart to buy back your btc. BTC is oversold, remember nothing changed fundamentally with btc, this is only people panicking. When everyone buy’s, you sell. When everyone sell’s, you buy!