Bitcoin trigger down move for target $13500 or $12800 Levels

 [image source: cryptocompare.com]

Toady's update : Now $14637

My Next target is $13500 to down side.

Bitcoin to see support at $12830 levels and now can touch $13500 first then take support over these levels.

Hope full BTC may be in range of  $12800-$16200 for next few days.

Last post targets did not met as trigger down move  before moving upward for next few days.

Previous Post :

 My Next target is $17000 is about to come. Bitcoin to see resistance at $14300 levels and now braked these levels. 

Bitcoin to see resistance at $14300 levels, Short below these levels to get target $11100 levels.

Above $14300 levels can touch $15300 levels.

Be ready for swing , expecting some big movement in next week

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BTC momentum start above $12000 to $13000 and touched high of $20000 levels and again corrected to $11700 levels , with steep correction.

Going upward and downward in momentum and now in consolidating phase.

This Phase of BTC is in trading range of $17750 -$11300 .

Above 17750 levels bitcoin can male new high.

Every one expecting bitcoin will move only upside, so here patience will work and wait for write direction.

Till that Buy at low levels and sell on upper levels is the right phenomena to trade.

Bollinger band

[Image source : poloniex.com]

You can see in chart Bollinger band are narrowing down and now ready to big move either side.

Before moving expected to do Up and down move . First expected to move up side to center line and upper line for levels 16200.

If center line resist and come down side then downside trigger may be there till 13500-12800.

BTC support and resistance :

BTC will be in range of $17400 -$11300 till it will not break upward $17500 according to support and Resistance.

Daily range is getting low as price momentum is getting low and range cumming out are 16200-12800 levels.

Next post will make it more clear levels as momentum to expect in coming days.

BTC has a good support at $12800 levels. 

Downside  13500 then 16200 and final 17500 level with strong resistance levels. 

Here heavy selling can come and again short covering can make new highs for BTC.

My advice is to buy at low levels and sell on higher levels, play level to level as mention above..
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