You are viewing a single comment's thread from:

RE: Bitcoin (BTC) Mid-Day Update: DECISIVELY BREACH THAT UPPER TREND LINE!!

in #bitcoin7 years ago

I provide analysis and graph.

Captura de pantalla 2018-03-01 a las 3.33.59 p.m..png

Possible intermediate target 12.500 dollars at the end of 5 waves lower grade. Then come a correction of less intensity than the previous one.

We will see if wave 5 of minor grade can drill the resistance line of 11.700 dollars. If possible and with a large bullish candle would confirm the inverted shoulder head shoulder that is still valid and targets 18.000 dollars.

Another possibility is that the minor degree wave 5 does not perforate the resistance line, and the bitcoin will fluctuate in a lateral band until it gains momentum.

Sort:  

I want to use this Steem channel to contribute ideas and debate them among all, but it seems to be only a one-way channel if the ideas and contributions of others are not supported by the votes.
Giving your vote costs nothing and helps others grow.

Coin Marketplace

STEEM 0.23
TRX 0.22
JST 0.037
BTC 98709.14
ETH 3447.96
USDT 1.00
SBD 3.20