my btcc price analysis support and 10x to 100k

sheenshane

legendary

Activity: 2492

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Quote from: cryptoboss2020 on August 11, 2020, 04:28:59 AM

my btc price chart and new traing anaylsis words like river bank and bridge check out my chart and you will undestood what i mean by river banks and bridge.....10k as strong support and i think 100k+ is not just a dream.

You'd copied a wrong code for the image, I think this is the right to show your image as a reference of your prediction.

Code:

[url=https://ibb.co/R6jj604][img]https://i.ibb.co/GMHHM23/btc07.png[/img][/url]

But since you're newbie there's a restriction upon posting images. You can purchase copper membership to enable this restriction.

So, this is it?

To be honest, I didn't understand your chart but one thing you meant to say in your prediction is we are in bullish trend at anytime. $100K is not possible but I think it's too much early to predict that much. Yes, probably there is new ATH and I'm very optimistic with that prediction but I didn't know when the exact price high we were landed. Juts hold for a long term for a better decision and don't mind predicting, just wait when the market goes up, because the price will goes up by itself.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Oasisman on August 11, 2020, 05:09:31 PM

Quote from: Sanugarid on August 11, 2020, 02:47:41 PM

As for my understand, what a price support means is that when the price stays in that range for a long time like what we see in $9K range that's where the support is coming from.

Nah, support level is the lowest possible price for a certain price run. At the moment, $10k is considered as a strong support, as everyone is anticipating that Btc would not fall below that level. Specially, support level is now at around $10,900.
Please refer to this website for better understanding of turning points of support and resistance level, including RSI and week highs.
https://www.barchart.com/crypto/quotes/%5EBTCUSD/cheat-sheet

And yeah! Lower ATH and higher ATH? what was that again? I assume the OP means higher highs and higher lows? Because $11k as an ATH sounds stupid lol.

This is what I also thought, Higher highs (HH), and Higher Low (HL), lol.

Anyways, we are marching towards another HH for this year, but we might see some dip, just like what we have witnessed in the last 24 hour. Support levels is above $10k or even $11k at this point.

OP I suggest you get a copper membership so that you can post your image.

cryptoboss2020

member

Activity: 322

Merit: 14

Quote from: milewilda on August 11, 2020, 05:18:24 PM

Quote from: Oasisman on August 11, 2020, 05:09:31 PM

Quote from: Sanugarid on August 11, 2020, 02:47:41 PM

As for my understand, what a price support means is that when the price stays in that range for a long time like what we see in $9K range that's where the support is coming from.

Nah, support level is the lowest possible price for a certain price run. At the moment, $10k is considered as a strong support, as everyone is anticipating that Btc would not fall below that level. Specially, support level is now at around $10,900.
Please refer to this website for better understanding of turning points of support and resistance level, including RSI and week highs.
https://www.barchart.com/crypto/quotes/%5EBTCUSD/cheat-sheet

And yeah! Lower ATH and higher ATH? what was that again? I assume the OP means higher highs and higher lows? Because $11k as an ATH sounds stupid lol.

He just misused the acronym ATH which supposedly to be Higher highs and lower lows in a specific time frame.Those arrows or plotting are little bit messy but you can easily understand if you do have experience
on drawing up trend lines plus S&R's. Yeah 10k is the strong support but doesnt mean that we wont able to break that one down yet we know on how this market behaves on where it can easily break down those
technical analysis on where anyone is hoping for.In case the price drops on that hard support level then its up for someone if he can risk up to buyback and wait for rebound.If unlucky then price can shoot down
continuously.
Talking about 100k price? Im not saying its only a dream but we should mind first on how to break that $20k ATH.

Yea I agree with you!!

I will take look soon and check chrats again and will explain more with more examples...
And with even better analytical explaining

Also... I will make analysis about how strong are next bridge fundamentals and river banks

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Oasisman on August 11, 2020, 05:09:31 PM

Quote from: Sanugarid on August 11, 2020, 02:47:41 PM

As for my understand, what a price support means is that when the price stays in that range for a long time like what we see in $9K range that's where the support is coming from.

Nah, support level is the lowest possible price for a certain price run. At the moment, $10k is considered as a strong support, as everyone is anticipating that Btc would not fall below that level. Specially, support level is now at around $10,900.
Please refer to this website for better understanding of turning points of support and resistance level, including RSI and week highs.
https://www.barchart.com/crypto/quotes/%5EBTCUSD/cheat-sheet

And yeah! Lower ATH and higher ATH? what was that again? I assume the OP means higher highs and higher lows? Because $11k as an ATH sounds stupid lol.

He just misused the acronym ATH which supposedly to be Higher highs and lower lows in a specific time frame.Those arrows or plotting are little bit messy but you can easily understand if you do have experience
on drawing up trend lines plus S&R's. Yeah 10k is the strong support but doesnt mean that we wont able to break that one down yet we know on how this market behaves on where it can easily break down those
technical analysis on where anyone is hoping for.In case the price drops on that hard support level then its up for someone if he can risk up to buyback and wait for rebound.If unlucky then price can shoot down
continuously.
Talking about 100k price? Im not saying its only a dream but we should mind first on how to break that $20k ATH.

cryptoboss2020

member

Activity: 322

Merit: 14

Quote from: Oasisman on August 11, 2020, 05:09:31 PM

Quote from: Sanugarid on August 11, 2020, 02:47:41 PM

As for my understand, what a price support means is that when the price stays in that range for a long time like what we see in $9K range that's where the support is coming from.

Nah, support level is the lowest possible price for a certain price run. At the moment, $10k is considered as a strong support, as everyone is anticipating that Btc would not fall below that level. Specially, support level is now at around $10,900.
Please refer to this website for better understanding of turning points of support and resistance level, including RSI and week highs.
https://www.barchart.com/crypto/quotes/%5EBTCUSD/cheat-sheet

And yeah! Lower ATH and higher ATH? what was that again? I assume the OP means higher highs and higher lows? Because $11k as an ATH sounds stupid lol.

Yes Higher highs and lower lows

Ath was mistake Sorry but yes You corrected me

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: Sanugarid on August 11, 2020, 02:47:41 PM

As for my understand, what a price support means is that when the price stays in that range for a long time like what we see in $9K range that's where the support is coming from.

Nah, support level is the lowest possible price for a certain price run. At the moment, $10k is considered as a strong support, as everyone is anticipating that Btc would not fall below that level. Specially, support level is now at around $10,900.
Please refer to this website for better understanding of turning points of support and resistance level, including RSI and week highs.
https://www.barchart.com/crypto/quotes/%5EBTCUSD/cheat-sheet

And yeah! Lower ATH and higher ATH? what was that again? I assume the OP means higher highs and higher lows? Because $11k as an ATH sounds stupid lol.

sunsilk

hero member

Activity: 3038

Merit: 634

We see a correction yet if it won't go through $10,000 we can safely assume that it's $10k the strong support.

I see the river bank that you're saying and it's not different with other charts that I've seen that's pointing to the top.

Quote from: Sanugarid on August 11, 2020, 02:47:41 PM

I can't really understand what your graph says tho, lower ATH and higher ATH? what was that?

IMHO his analysis says both. We have the $10k support and $100k as a big possibility as what he says.

Sanugarid

full member

Activity: 1442

Merit: 153

★Bitvest.io★ Play Plinko or Invest!

As for my understand, what a price support means is that when the price stays in that range for a long time like what we see in $9K range that's where the support is coming from. I will not believe that the support is at the $10K right now, we haven't see a huge dump from the market which might happen soon as a price re-test. 10x of the price right now, hmm looks like you really believe to what McAfee have said 3 years ago. I mean there is nothing being such an optimistic guy be please be at least realistic at some point, we can even hardly get close to the ATH, and if we do there's only two option, either it will dump under $6k again, or will have a support at that range.

I can't really understand what your graph says tho, lower ATH and higher ATH? what was that?

cryptoboss2020

member

Activity: 322

Merit: 14

my btc price chart and new traing anaylsis words like river bank and bridge check out my chart and you will undestood what i mean by river banks and bridge.....10k as strong support and i think 100k+ is not just a dream.

Topic: my btcc price analysis support and 10x to 100k (Read 174 times)