negative trend
Negative trend
Downward breakout Target 6800
MACD and RSI support upward move within triangle...
Upward Channel continues to develop - Target 10000
For 11-12 MAR 2018 - Bullish reversal - Target $10,600
UPDATING FROM 8 Mar 2018 - Our BLUE PREDICTIVE PATTERN remains intact... Price continues the steep drop from $11,700. TARGET is still $6450 on Mar 21, 2018. 8 March 2018 Focusing on the future !
BTC - Target $6450 on Mar 21, 2018. Using my trend line analysis... My first posting
Expecting a short term bounce off the long term trend line
Bearish break of long term trend line... Only bounced to 7350 before falling back down...
Low of 7700, (close to the 7650 Target). Likely short term bounce off the bottom 'channel line' (yellow). Expect to touch the 20MA at about the 8275 level... and fall back down again. RSI is looking more bullish.
Lot's of negative pressures... Hopefully MACD doesn't turn bearish, and lower trend lines hold...
What I'm seeing for next several weeks... Hopefully the last leg down !!!
Is the $7240 close enough to the $6800 target? This option considers that possibility... the $7000 price may be revisited...