BTC needs a new bottom for a strong recovery

in #crypto7 years ago

btc.png

  1. We can see 3 BB lines down, so BTC will down to below BB about 4k6 seems very clear and may be down to the lowest 3k4 area. Then the price will at least go to MA20 about 9k (middle BB line)
  2. RSI w1 trend is still down but we can see that the RSI is moving slowly so that the 4k6 zone is expected to be in June.
  3. MACD is still below zero
    Forecast: 2018 will be the rebound of the btc region by about 15k and 2019 will be the boom year for the crypto market.
    Strategy: Wait for price below BB bottom w1 then sell at the middle BB, wait for signal to buy next.
    Conclusion: This is nalysis is personal with the synthesis of much knowledge, so use it only as a reference. Let's combine with your own ideas to give a rational strategy. Thank you very much

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