BTC/USD - Todays Moves! 17/3/18

in bitcoin •  7 years ago 

Hiya

Just sat down to see a juicy rejection after a break down from my initial target.

Currently price is also testing 8k.

First thing i saw when i looked at the charts was a possible head and shoulders, if this is to break down the target should sit around $7,496.

Screen Shot 2018-03-17 at 11.45.01 pm.png

However i am not sure how legit it is, so i am sticking to my OG count.

This is how our downtrend into the $7,300 region may look.

ONLY IF SUPPORTS HOLD

Screen Shot 2018-03-17 at 11.41.50 pm.png

If that bottom support is not to hold we may see a lower low occur.

So stay aware lemons!!!

Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!

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