Bitcoin Technical Analysis Update (19 March 2018)

in bitcoin •  7 years ago 

Here is latest update on bitcoin technical analysis,


  • The price bounced as expected with a daily bullish reversal candle, volume is nice.
  • Bounced from 0.786 fib level.
  • Possibly follow bullish gartley pattern the 1st target should be around 9350-9580$ according pattern)

bitcoin update.png

  • H4 chart had standard bullish diversion on volume macd and OBV oscillators but keep eye on that mentioned yellow box (Trap zone)zone area (8350-8500$) the price will have to break this level with good momentum candle before next target towards 9400$ the red zone area

bitcoin update1.png


Disclaimer

Trade at your own risk with only that amount you can afford

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!