BTCUSDT Morning Update

2018年4月22日

Let's talk about BTC (Bitcoin). BTC needs no introduction everybody know what it is. So lets come to the point TA

Technical Analysis

So Bitcoin is doing some bullish moves since past week (Forming Ascending Wedge). Ascending wedge which is a highly bearish pattern I put Ascending wedge target on the chart which is my primary count I also see the possibility of inverse Head&Shoulder. So there is 2 scenarios which i put on the chart I hope it will help u guys.

INDICATORS

1. RSI is too much high (bearish signals)
2. Stochastic signals Bearish trend ahead
3. Bearish Pattern formed (Ascending Wedge)

CONCLUSION

The conclusion is that BTC will correct from here & alts will continue bleed. It can be either a Head&Shoulder pattern Or The ascending wedge. Let's see how it goes.

Thanks guys for looking into don't forget to leave a like.

THANK YOU FOR YOUR SUPPORT

2018年4月22日

交易進行

2018年4月22日

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Daily Candle Closed Formed A Hammer Candlestick (Bearish Indication)

2018年4月22日

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Breakout Is happening

2018年4月22日

註釋

Breakdown

2018年4月24日

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Looks like we are going to test the neckline before falling

2018年4月24日

交易進行

As u guys saw price reached the neckline though indicators are positive i'm expecting a correction form here on

2018年4月25日

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ITS DOING BEAR WICK

2018年5月14日

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2018年5月17日

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2018年5月20日

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We are going down to 7900 Region

2018年5月21日

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Bitcoin Turning Bullish

2018年5月25日

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And the buying order hit it is still in our buying zone feel free to buy and reload