Technical analysis 04-04-2018 | We are changing sides (Bitcoin)

in bitcoin •  7 years ago 

Although we feel that the craze is slowly turning, we must remain wary.

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In our analysis yesterday we pointed out that a return close to our Fibonacci line had to be anticipated. That's almost 3% gains!

BTCUSD 04-04-2018(2).PNG

Although a return to around $7.4k is in sight, we advise you to trade on a very small time scale in view of market indecision.
Indeed, we have several indicators that seem to contradict each other regarding the continuation of our trend when we use larger time scales. (Plus the formation of a H&S pattern).

Objective: Find volume to break this violet resistance if we don't want to come back to test the 7k$.

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Disclaimer:
Ceci n'est pas un conseil en investissement | This is not investment advice. DYOR

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Tnx for the TA, Highly appreciate it

No problem @jae123 . See you soon

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