artm92a
Long

BTC - Possible Reversal Point

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin             has reached a critical point where it can make a bigger correction or move back up.

Confluences:

• Price has reached a level where it has completed an ab=cd pattern;
• 3-touch trendline confluence;
Bullish divergence on multiple timeframes.

If the tides turn: Target 1: 23.000$
Target 2: 32000$

If we break below 8.7k, than hold tight.

- Nepjipmoktusem -
Comment: We are at 8.7k: its either going to make, or break.

We have a fully completed ab=cd right now, currently sitting at 8.7k

There are enough confluences which make me believe we might turn; time will tell

NO REVERSAL TILL 7K..ONLY SMALL FAKE BULL RUNS U CAN SEE
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artm92a ghose12
@ghose12, OK BRO I WILL CHECK IT OUT MAN THANKS FOR THE INFORMATION
+2 Reply
arrie1992 artm92a
@artm92a, HAHA YES VERY GOOD INFO
Reply
@ghose12, if it breaks below the daily 200ema(8700 on bitstamp) forget the 7K, you will be dreaming for 5
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