BTC/USD - Update 22/6/18

in #bitcoin • 7 years ago

Hey family

#BTC still in-between the regions discussed.

Again a breakdown of our major trend will lead us to testing $5,859 with $4,778 being likely.

Price however is moving in a channel down towards the bottom trend with an easy 5 waves.

This channel if broken upwards is a Bull Flag.

If we are to break up again i see us testing the designated $8,200 - $7,800 ranges.

A break of this leading us towards our 10k test.

However, it seems so many people are waiting on the sidelines for this "one last dip" , so unless a large increase in volume occurs with lots of buyers pushing us above $8,200 , then $4.8 regions may be more likely.

Stay aware of the stuff on my charts, enjoy!

Screen Shot 2018-06-22 at 12.31.48 pm.png

Screen Shot 2018-06-22 at 12.36.52 pm.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!

#trendanalysis #geeme #technicalanalysis #cryptocurrency
7 years ago in #bitcoin by
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