BTC Chart Analysis 3/23

in bitcoin •  7 years ago 

3/22

This is an 8hr chart. Price hit the 9100 level of the pyramid and also entered into a higher channel of the Gann Fann going back to the low in July of 2017. Also seems to be riding along the bottom side of the 50 MA on the 8 hr.

I look for another buying opportunity around 8100. This is definitely forming a big ass wedge. My intuition is telling me that price will try 8100 range and reverse back up towards 9600, taking a pit stop at 9100 again.

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!