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engmmohie
May 7, 2018 9:14 PM

Golden point to predict price falling of BTC Short

Bitcoin / DollarBitfinex

Description

Many traders on this community asked me to describe more about the method i use.
Here are one of the great tools that can help me to predict that the price will go up or down.
After drawing our star (which is a complicated process we may discuss later) If the price and time met at one point, this point is called the Golden point.
You can freely sell with your half or full margin because stop is very tight and the profit is huge. Can you see what happened to the price when it touched it ?
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For BTC status i think this correction is very good for BTC and other alts and soon we will get a nice bounce for the market until July.
From many charts i analyzed i can expect that this correction may end between 10~12 May, For BTC i think it may touch 8400~8700 Zone before it bounces again to the New target of more than 20K.
I will update that chart soon when i can confirm that pattern has completed.
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Stay tuned for my new signals since i think next months will be great for crypto market. the most important part in this game is to know when to close your positions and take the profit out.
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Questions are welcom

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Also watch the blue line coming after 30 mins, i can expect a strong movement either up or down

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Most probably it will be down

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Look the price going down and enjoy the analysis

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Here are the chart update,
Can you see the marked points?
Can you see how the price went down on the blue line?
Can you see how the price was moving with the red line?
Can you see how the price is not able to break the marked plyline.
Wait for a nice "movement in the next hours.

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Comments
Chartta
Are we likely to go down when getting to the next blue line?
engmmohie
@TipTopCrypto, I can't gurantee that it will go down i can grantee that it will be a noticeable movement wither up or down. i think we are now on a critical point to watch.but overall i think correction hasn't ended
Chartta
Thanks for the updates
engmmohie
@TipTopCrypto, You are always welcome. wait for more updates soon
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