BITCOIN TO $15,000 BY JULY 2018? - CryptoManiac101
We will keep this chart updated with deeper analysis for our exclusive members.
Although pattern is bearish since this is a very bad 'descending triangle' we remain highly bullish on Bitcoin. Since this is not a regular descending triangle, plus since crypto rarely follows any of the regular stock market patterns we are just fine.
If upward support breaks firmly, there is high certainty in that situation that we would be dropping down to our demand zone highlighted in light red color. Otherwise our targets with resistance points are highlighted in green color.
Please remember that this chart applies not only towards Bitcoin but also for all alts out there. Bearish sentiment in crypto is usually followed buy price drops for alts. Be careful in this crypto market and definitely invest extra money which you're fine with loosing if worst comes to worst haha, but with no risk comes no reward.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Although pattern is bearish since this is a very bad 'descending triangle' we remain highly bullish on Bitcoin. Since this is not a regular descending triangle, plus since crypto rarely follows any of the regular stock market patterns we are just fine.
If upward support breaks firmly, there is high certainty in that situation that we would be dropping down to our demand zone highlighted in light red color. Otherwise our targets with resistance points are highlighted in green color.
Please remember that this chart applies not only towards Bitcoin but also for all alts out there. Bearish sentiment in crypto is usually followed buy price drops for alts. Be careful in this crypto market and definitely invest extra money which you're fine with loosing if worst comes to worst haha, but with no risk comes no reward.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Trade active
Comment:
Bulls are in play currently, let's see if it lasts to break through resistance
Comment:
Looks like we are currently in a green path or path 2 - let's see if we go into another accumulation stage or break upwards this or next week
Comment:
We are bullish until indictors turn bearish
