BTC/USDT Technical analysis 2018-03-30.

in #bitcoin7 years ago (edited)

  • Bullish divergence setup
  • Double bottom
  • Q1 over
  • Bearish volume starting to look exhausted.

    This is the beginning of the trend change I believe and April will be a good month of recovery.
    Watch bitcoin to lead the market.

Live chart here https://www.tradingview.com/chart/BTCUSD/Qsk2KJb9-Long-BTC/







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Judging by the fact that we appear to be repeating the fractal of the crash to 5800, we probably have one more leg down - potentially a long one. We had a bullish divergence there too, which didn't stop it from dropping another 2000 points.

Everyone and there grandma wants 5800, which is why I think it'll be unlikely. If support here doesnt hold then everyone will get what they want. How ever I think 6800-7000 is a good entry until then.

think you were right making this prediction...good job..;didn t see it coming...

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Much appreciated. Thank you for sharing Upvoted, followed and Resteemed by @cryptoryno33

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This post has received a 51.19 % upvote from @boomerang.

Looks like another depression low is about to come weak hands will sell all the btc

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You can comment of course, but no need to comment same thing to every article :)

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