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kniknox
Mar 30, 2018 6:30 AM

BTCUSD Doom? 

Bitcoin / DollarBitfinex

Description

in D1 Bulls are trying but Bears are strong at this point. we may see a little bounce from previous resistance candle before we see doom around 5.9-4.2, critical support

W looking bad
If W closed like the highlighted area, we may see more dumps before bounce.
if the next candle could at least turn to a L2P, Its a potential bounce.
Hence, we have to see the closing candle for this week

We may need a good fundamentals for bear to stop. We may see 3-4k, or a consolidation around 7-8k will be a new ground for cheap coins
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