MarxBabu
Short

Bitcoin BTCUSD to fall to 8400 and then move up again to 9100

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Study analysis done in 2h 3h Daily chart

Why this is considered for Long



BITFINEX:BTCUSD
1. As per the volume the higher volumes are seen in the chart.Volumes are growing

2. As per the LongBuyLongSellIndicator ,Strength-meters(1 2 3 P D ,Up/dn, PSAR,MA Green Red Line, Red STAR, yellow Star,Green Early Entry stars) minimum of numbers of strength-meters lined up in a row /within two candles that is added advantage for the entry.

3.BackGround color informs it is good to enter at this price.

4. As per the LongBuyLongSellIndicator ,The candle color transition change indicator this is the time to go for entry.

What is the target : close the target @1.5% of 50% number rest in higher numbers.
what will be the stop loss: The stop loss shall be high of previous candle for short /low for the long entry.
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Comments

This is what the power of analysis we achieved both the targets.
How many of you followed.
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Good call Marx. BTC almost hit close to your target of 8400 in Coinbase, just 25 points away of your prediction, you are darn spot on again :)
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MarxBabu RaniNair
@RaniNair, thank you
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