BTCUSD LONG TERM PREDICTION ! Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Oct 27, 2017 9:20 PM

Testing 5500 level
if any candle closed under 5500 then >> 5000
if any candle closed under 5000 then >> 4200

Appreciate your comments and thoughts about this Idea !

Time frames used golden ratio 0.618 as a multiplier !!

Comment

⋅ Oct 28, 2017 6:45 PM

Most Likely this is the case !
in 6 days we will see bitcoin at 4200 lvl

Comments

filipnr1

⋅ Oct 27, 2017 9:41 PM

Hahaha so funny bulls aparently think 6200 is the top xD

AlphonsoElliottJr.

⋅ Oct 27, 2017 10:56 PM

@filipnr1, I believe it hit final top and it is about to head south.

Trader6127

⋅ Oct 28, 2017 2:42 PM

@AlphonsoElliottJr., Could definitely be the case. Could you share with us any technical reasons?

AlphonsoElliottJr.

⋅ Oct 28, 2017 6:29 PM

@agency, Possible head and shoulders appearing on the 1hr time frame. Im currently selling at 5850.00 for about 3 days now. Due to candlestick analysis on the 5 min chart, It looks too dangerous to be buying right now. I would buy around $4700 if that price hold.