Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: Cordillerabit on November 19, 2017, 02:18:03 PM

Title: Bitcoin Plus Time To Go Down?
Post by: Cordillerabit on November 19, 2017, 02:18:03 PM

BitcoinPlus found the bottom at $30 psychological round number after which it went up sharply hitting $123 and gaining 330% in less than a week.

XBC/USD has been stopped by 38.2% Fibonacci retracement level, that was clearly rejected. It seems that the direction of BitcoinPlus is under the question since in order for it to grow further, a daily close above $123 is required, while if the resistance will hold a correction down to $60 area is very likely.

The overall trend is bullish, but buying at this point could be a somewhat risky endeavor. “Buy On Breakout” strategy could work best in this setup as the corrective wave down could take place.

http://cryptopost.com/bitcoin-plus-time-to-go-down/

Title: Re: Bitcoin Plus Time To Go Down?
Post by: Algeriason on November 20, 2017, 12:20:57 PM

do you think ?

Title: Re: Bitcoin Plus Time To Go Down?
Post by: Cordillerabit on November 21, 2017, 11:12:29 AM

Quote from: Algeriason on November 20, 2017, 12:20:57 PM

do you think ?

will see what happen im in neutral for this one :)

Title: Re: Bitcoin Plus Time To Go Down?
Post by: Delilonia on November 23, 2017, 12:59:28 PM

Let's just watch the flow of things