engmmohie

Bitocin is bearish. Next target is 7829

Short
engmmohie Updated   
BITTREX:BTCUSDT   Bitcoin / Tether
Here are my bitcoin analysis
Next Bitcoin Targets = 8814 and finally 7829 and we can buy at that level with a tight Stop loss.
the level to watch now is 9450 , if it broken by 2 down candles on 4 Hrs chart then we might see the 7829 which is our golden point to buy.
Time on chart is very important to watch.
For me i have sold most of my bitcoin @ 11k level waiting to buy more @ the defined targets.
I will update this idea later for who is waiting to buy
Trade active:
As you can see it touched 9799 and it's not able to break it. Also the Old support 9450 isn't strong so our next target is 8814 and if you shorted the bitcoin, don't buy now
Comment:
Notice that the price is still inside the marked area. if it breaks down then we can easily our first target at 8814.
Until now BTC is apparently a bearish.
Comment:
It went to the UP triangle which is a bullish sign. as per my indicators now i'm neutral but most probably if Bitcoin broken 11768 then it's a clear bullish sign
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