BREAKING NEWS!!! DID BITCOIN JUST HIT THE BOTTOM???steemCreated with Sketch.

in technicalanalysis •  7 years ago 

BREAKING NEWS!!! BITCOIN Technical Analysis Report 3/18/2018

Coin/Asset:
Bitcoin/USD
Current Price:
-$7631

Capture.PNG

Click Here to View the Chart

Hey guys, apologies in advance for the short post. I just wanted to share one thing with you.

My time analysis indicator has plotted a aggressive perfect buy signal on the daily chart of bitcoin. This 13th candle in countdown sequence tells me that this very well could be a temporary bottom for bitcoin whereas I am almost certain a bullish candle will form tomorrow and potentially lead us into a 1-9 sell setup.

If not, expect at least 1-4 or 1-9 more days of bearish movement folks. Play this one safe guys, never invest more than you're comfortable with losing.

That's all I have for today

-

Thanks for stopping by, make sure to follow @epicdesigns to stay tuned; more technical analysis content coming soon!

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!
Sort Order:  

Just wanted to add that the price could drop drastically today and the buy signal will remain... The candle is a 13 no matter what. The only thing that would cause the buy signal to cancel out is if today's candle shot up to above the $9,300 range which I don't see happening. But we shall see :)

Important moment. I think it won't crush the bottom.