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Like2Move
Jan 16, 2018 5:53 PM

Targeting 9800. In this stage Short

Bitcoin / DollarBitfinex

Description

Bounce from 11000 area up to 13000 may happen. Now.
Strong support in the 10000 area expected.

Comment

Likely, temporary bottom in the 9300 area, some bounce expected. Key level at 12600 price - after retrace further rise up expected.

Comment

Good bounce. A retrace to the 10000 area expected. If 9800 don't hold, a lower low expected.

Comment

Key level at 12600 reached. This mean a bottom @9200 became a bear trap. Look for buys at dips, most wanted in the 11000 - 10000 area.
Comments
jeezy
You think we will see 8-9k zone within next couple days?
Like2Move
@jeezy, look to the update: bouncing below key level 12600 there is a risk to drop down to 8k area.
jeezy
@Like2Move, nice prediction bounce from 11600. Maybe we dip a second time. Lets monitor next hours. Good work!
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