Time to define new target from our previous selling zone. As I have said in my last post, it was pullback wave to $10,000 (defined sell zone) and it reversed from there, which is what we expected. Everything is going as predicted so analyze target for new bottom and hope it follow-defined path.
The new bottom we are looking here is $8200. From previous up-trend this can be seen as consolidation zone and could change course of trend after hitting $8200 it all depends on how bull play out but until then go short (if your analysis matches mine). STOP LOSS 11,100
We will analyze again, when it reaches near next support based on how it reacts with it. Please like, follow and let me know if you looking analysis for other coins, I will try my best
Btcshort
Bitcoin Latest Technical AnalysisWe are doing Analysis of BTCUSDT on 4 Hour Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Adil Khan
$BTC $BTCUST - Bearish from 7th Sep 2018$BTC #BTC is having strong resistance aroun 7200$ and will see reversal from this level in 6 - 7 days
if it goes up around 7200$ - 7500$ than should come to around 6000$ again
best time to enter in alts coin is when btc will come below 6000$ again in this sep month
Bull Run will be started after 10th of oct. 2018
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Bear Vs BullHi Cryptianz,
As per our Previous Technical Analysis BTC was in bearish market & still in...
We personally given info for our team as to stop trading since the market more volatile on both the sides...
Few Whales are trying to put it on right track & few whales are trying to accumulate more in cheaper Price...
Strong Support Level : $8350
Still the market is in favour of Bearish... $8800 is the indication of Strong Bearish Market...
As a result we may even see $7900...
Last few sessions even BTC has been Pumped but unable to stabilize at the same level... This may lead to Worst Bearish Market...
Strong Resistance Level : $9900
For Bullish we have to cross the Resistance level nd stabilize at $10250...
#BTC Broken the Support Levels...Hi Cryptianz,
More than 24 Hrs BTC is out of Uptrend and created a new Down Trend...
Resistance Level : $10890
Support Level : $9725
As worst Case we may see BTC again in 4 Digits ($9725)
Ensure twice before Short BTC at 15Mins Chart as the Support Level are broken because there is no FUD or Bad News in Market...