Bitcoin to fall back after testing $9400; don't panic!steemCreated with Sketch.

in #bitcoin7 years ago

If you think you have missed out from the last rise of BTC, I got good news for you!

Trade Opportunity:
BTC will bounce back from $9400 to continue its correction on the weekly chart.
once again: My analysis is based on weekly chart, if confirmed on Daily chart, I decide where to enter in 5H chart.

photo_2018-03-21_16-07-33-(2).jpg

if the $9400 level breaks, the downtrend may stop, and the line will become the new support.
if the downtrend continues:

photo_2018-03-21_16-07-33.jpg

I expect $7400 and then $6950 and later $6000 levels. the first one is definite, the others will depend on later analysis.

Sort:  

My thoughts exactly. $7400 would do nicely for a big rally up.

Optimistically, but I will buy some and hope to buy more in lower lows

Check my last post on steem/$ trend
i appreciate your time and comment 🙇‍♂️

Coin Marketplace

STEEM 0.23
TRX 0.21
JST 0.036
BTC 98081.40
ETH 3419.35
USDT 1.00
SBD 3.24