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CryptoManiac101
Feb 11, 2018 8:58 AM

Bitcoin BTC will go up, no matter what! Long

Bitcoin / U.S. dollarBitstamp

Description

Chart is self explanatory so enjoy if you're in this for Medium - Long term

Invest only what you can afford to lose. We are not your financial advisors.

Trade active

Long term traders can refill their Bitcoin wallets

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MAKE SURE YOU'RE FOLLOWING US TO RECEIVE UPDATES ON THIS TRADE

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Expect support at $7,850 - watch if we break it or bounce off it

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Resistance at $8,850

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RSI and MACD are relatively positive on 1H 4H 1D 1W charts

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Temporary Support $7,890 - $7,815 - $7,550 - $7,220

Temporary Resistance $8,365 - $8,600 - $8,780 - $9,072

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Strong Resistance at around $8,400 still stands as we are having hard time with it

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If resistance is not broken in coming hours, we will be going closer to our demand zone

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We are approaching resistance again, short term traders should be watching

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Head - n - Shoulders Pattern

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Just for clarification - we do expect price to go down to $7,600 if supports break. We then will be at $7,500 support and $7,200. If both supports break, expect retraction to $5,000 area

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Thank you for all your support and to everyone who became members today!

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$8,700 - $9,500 is are we need to break in solid candle

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Remember that long term holders should not be worried

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Line broken in solid stream - very positive sign from Bitcoin

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We broke line on main chart as well - mini bull run in place

Trade closed: target reached

No more updates on this chart - look at recent posts

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Comments
El_Majkelo
nootofast ?
CryptoManiac101
El_Majkelo
@CryptoManiac101, im think to much euphory on market right now , need to calm down again whales want cheap coins :) thats mean NOO TO FAST
El_Majkelo
@El_Majkelo, first smash on holders and make panic again , JP Morgan says again bitcoin is good btw you do what you want its my point of view
CryptoManiac101
@El_Majkelo, Bitcoin will surprise us all soon haha
myfix
I agree, because i got the same thing with my TA,
CryptoManiac101
@Cryptogek, plugging in your charts...
myfix
@CryptoManiac101, plugging ? do u mean indicators ?
SaintDank
unfortunately not, btc price was massively inflated in the past we are returning to mean which is 4-5k
Giovi6969
Awesome TA.
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