BTC analysis

١٣ مارس ٢٠١٨

XBTUSD

١٣ مارس ٢٠١٨

ملاحظة

Day chart.
The current BTC price action is forming bearish flag which will lead us to double bottom.
There is enough RSI room for downward.

١٣ مارس ٢٠١٨

ملاحظة

My mistake. The target is around 6760.

١٤ مارس ٢٠١٨

ملاحظة

RSI sideway movement at the crucial level.
BTC is going to make a direction.

١٤ مارس ٢٠١٨

تم فتح الصفقة

Breakdown.
Small rebound expected at marked price level zone.

١٤ مارس ٢٠١٨

ملاحظة

Target update :
The red line could be pierced.
5850~6200 is target for bearish flag.

١٤ مارس ٢٠١٨

ملاحظة

Then the target of the head and shoulder pattern is around 1850.
Time frame of the chart below is weekly.

١٤ مارس ٢٠١٨

ملاحظة

We also can see inverted Cup and Handle pattern.
In this case, the target is around 3550.

١٥ مارس ٢٠١٨

ملاحظة

Temporary target reached.
Going down again after recovering RSI

١٥ مارس ٢٠١٨

ملاحظة

Short term target : around 8500

١٦ مارس ٢٠١٨

ملاحظة

RED : HEAD AND SHOULDER (target : around 4300~4400)
YELLOW : BEARISH FLAG (target : around 6200~6300)

١٩ مارس ٢٠١٨

ملاحظة

Expecting price action like this

١٩ مارس ٢٠١٨

ملاحظة

Huge drop from 8500 to 4000 for 10 days(29th March)

٢٦ مارس ٢٠١٨

ملاحظة

Trendline of RSI has been broken.