🌟 Bitcoin Technical Analysis 💰 Another Fall is Coming... 👎

in bitcoin •  8 years ago  (edited)

Hello Steemians , 

Bitcoin Signals Negative and It Will Go Down. 

But How much ? 

what is the next price? 

For answer , Let's see bitcoin charts and Technical analysis.

This analysis provided by Elliott Waves , and i belive it will happen. just test it.

Hourly Chart :

overal look :

a little zoom :

zoom again :

Okay , As you can See Bitcoin Will Go up.

But , Take Look at 5 Minute Chart :

A little zoom :

and zoom again:

Okay , As you can See Bitcoin Will Go Down (Maybe first Up then Down , First target : ~$2500) . First Target : ~$2322 ( Price Base : btc-e.com )

But how can it possible to Going Down and Up in same Time?

the answer is simple , It will Go up in Long term ,and during rising it will go down in Short term. (It can go up directly , chart is not all part of the market , but usually it will happen)

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You think bitcoin soon in 2000 USD ? For me good coin and futur is litecoin https://steemit.com/cryptocurrency/@dehetek/the-litecoin-will-it-reveal-itself-big-potential-investing-47-usd =)

I received A negative signal for bitcoin in ~$2150 , but i think it will not happen. because of that i don't posted this.
anyway, i will take look at litecoin charts too. litecoin is Unstable than bitcoin.

Ok ! it is your opinion =) for me litecoin is good investiment for long term

there are many coins proitable as litecoin in {Long Term}
but i'm talking about short term profit,
you can double your money in a year or a month or a week , this is a big difference.

Ah yes ok for you what the altcoin good for short term in this moment ?

usually cheap coins will double your money in shorter term ,
for example PPC and NMC was ~ $0.6 and now both are ~$2.2 , and it is more than 360% profit.

Yes i have see i am on the vtc in this moment maybe good too

Hello, I realy like your post, you have been followed and you can do the same here @valhalla-hash