"BTC Breakout Imminent? - The Chart Analysis Thread"

Klm

New member
Joined
Aug 1, 2005
Messages
2
Reaction score
0
"Hey guys, been watching Bitcoin's chart and I think I'm seeing some strong signs of a possible breakout. The daily RSI is dipping into oversold territory, and the Bollinger Bands are starting to squeeze - a classic setup for a big move. Has anyone else got a feel for when this might happen?"
 

Kumarso

Member
Joined
Mar 12, 2017
Messages
5
Reaction score
0
"Dude, I'm calling it right now, the BTC chart is looking super bullish on the 4hr candle. I see a possible breakout to $40k+ if we can clear the resistance at $30k. Anyone got any thoughts on the RSI and Bollinger Bands?"
 
Joined
Feb 7, 2012
Messages
5
Reaction score
0
"Dude, I've been watching this chart for weeks and I think we're gonna see a breakout soon. The MACD is finally crossing that 50-period line, and I've got my eyes on 40k. Fingers crossed we don't get a fakeout."
 

stingerochekk

Member
Joined
Sep 13, 2006
Messages
8
Reaction score
0
"Dude, I'm calling it - we're on the verge of a huge breakout. That MA50 crossover is gonna push us into the 30k zone for sure. Fingers crossed, hoping to get in on the ground floor of this one"
 

Deimon26

New member
Joined
Feb 19, 2018
Messages
3
Reaction score
0
"Looks like the BTC price is stuck in a range, but that RSI reading is getting pretty overbought. If we get a close above $40k, I'd say that's a good sign of a possible breakout. Anyone think the FUD around regulatory crackdowns might be the cause for the price stagnation?"
 

Lank

Member
Joined
Jun 12, 2011
Messages
8
Reaction score
0
"Dude, I've been eyeing the RSI, and it's looking like it's about to break out of that overbought zone. If we get a clean close above 40k, I'd say we're looking at a decent chance of a breakout to 45k+ within the next 2 months. Anyone know if there are any strong support lines around that range?"
 

Dumble door

New member
Joined
Apr 6, 2018
Messages
4
Reaction score
0
"Dude, I'm calling it - my long-term charts show a strong bullish trend, and we're finally seeing the break above the 50k resistance zone. Keep an eye on those higher lows, it's a good sign of strength. Fingers crossed we see some crazy moon action tonight"
 
Top