BTC DAILY UPDATE 11.03.2018
BTC H1 TF
Yesterday's bearish flag pattern dropped down the price as we expected and now BTC is forming the same flag again, but this time I expect that price wont rise so high as previously because of EMA21 and Kijun line almost at one level.
Previuosly I recommended on my Premium channel put buy orders which is still valid.
Please always stick to the trading plan if you want to make profit without loss. I repeat again, dont be greedy in trading and I will try to explain why in my next post.
BUT we can also observe of forming double bottom pattern. If you remember last time double top pattern dropped the price and this can rise it.
So, I still expect that flag pattern will dropdown to 7800$-7900$ (maybe a bit higher) and this could be the dip for this week and then starts new uptrend.!
