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BTC: The End is Near!
Bitcoin
Short
BTC: The End is Near!
By FibonacciGang
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Updated
Feb 2, 2018
4
Cheer
Cheer
Feb 2, 2018
Two critical resistances which will act as new supports are labeled in green.
Critical Resistance Levels:
8750
7500
Buy Zone:
9000 -> 7600
Indicators to watch:
MACD / RSI: wait for these to reach lower levels as it did for A and C correction
Feb 2, 2018
Comment
RSI is approaching critical oversold zone on 5 min chart.
I have laddered in at 8500 support and will continue to do so if 7600 level is reached.
Currently expecting a double bottom at 8200 range.
Feb 2, 2018
Comment
Bottom found at 8000.
Must break 10.2-10.3k range in order to break DOWNWARDS channel.
Will take profit near that zone and re-buy in if it fails the breakout.
Chart Patterns
Trend Analysis
Wave Analysis
FibonacciGang
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