TrendFather

BTC Pump or Dump?

TrendFather Updated   
BITSTAMP:BTCUSD   Bitcoin
By BTC, all movement in the previous analysis was closed. Now I'm waiting for such an outcome :
1. Hike the value to the level of 8950 and break it with fixing above it, after which with a 70% probability there will be a hike to the zone
9350-9600. If the price cannot be fixed above 8950 and fixed below, then it will go to the level of 8550. After that, with the strength of sellers there will be a powerful breakdown of 8200 and a hike to 7800 (there will most likely be a stop), due to good support.
2. Small consolidation of value and decrease to 8550 with consolidation below it. After that, with the strength of the sellers there will be a powerful breakdown of 8200 and a hike to 7800. Only at the end of the movement to 7800, the price will hit the lower part of the downward channel, which will most likely push away and go to the level of 8200.
Trade closed: target reached
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