BTC/USD - Turn up the volume plz 20/5/18

in #bitcoin6 years ago

Goodmorning friendz

#BTC broke up! then a heavy rejection at the common $8,360 region.

We didn't see fireworks as we didn't see volume, which again is what i mentioned in the last post.

However to me i can see a nice inverted head and shoulders forming, a push towards that $8,360 region may lead in a huge break targeting $8,853 - $9,000 regions.

In a bearish scenario, if we are to break below $8,150 strongly, i can see price declining towards $7,772 . A test of this may still be needed so stay aware.

Im leaning more towards a bullish scenario, just because of the inverted H&S, however stay woke dudes and make sure you are aware that if we dont see a pump of volume for a third wave shortly, then we wil be testing $7,772 and even potentially $7,153.

heres my chart, enjoy!

Screen Shot 2018-05-20 at 11.05.41 am.png

Legal Disclaimer: I am only as good as guesses and fibonacci , i love to share my information however i am not telling anybody to specifically follow in any of the trades or decisions i make. I win , I lose but at the end of the day i use this all as a platform to share my opinions on possible outcomes and trades i will be completing. Happy Trading!

Coin Marketplace

STEEM 0.16
TRX 0.17
JST 0.029
BTC 69505.86
ETH 2493.71
USDT 1.00
SBD 2.54