xuanhaimmoer

Bitcoin update in 23/5/2018

Short
xuanhaimmoer Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Bitcoin in the unclearly for predicting and make every one angry.

From now I think Bitcoin has 2 way and I will give the accuracy rate for each path.

In the First way, BTC will go up after 9 candle of downtrend ( 4 hours candle ) depend on TD Sequential. BTC will come to 8400 - 8500 (Neck line) and if it cross over Kumo in Ichimoku it must go up to 8700 - 8800. Why must be this point? Because 8700 - 8800 is the target for BTC make done Inverse Head and Shoulders. Also 8700 - 8800 is the cross between the higher resistance and the horizontal line of 0.382 Fibo. ( 70% BTC will go follow this way )

In the Second way, BTC will be panic sell or SHARK dump strong and broke 80xx $ and we must to see it in 7800 - 7900 ( strong support line ) again. ( 30% BTC will go follow this way )

This is my 2 view in each way and my analysis. Thanks for reading and get it like your reference.
Comment:
I am sad to say Bitcoin are follow the Second way ( 30% occur ). Now Bitcoin in range 79xx - 80xx so we need attention to that. If it broke 7800 - 7900 it will down to 7400 - 7600 and we will see nice bounce in Bitcoin and ALTs in here. But if it not broke it may bounce from now to next target : 83xx - 85xx
Comment:
Bitcoin follow 2nd way maybe we have a panic sell of community
Comment:
Bitcoin and Alts are now in good price. Maybe it will down but just a little as I say is 7400 - 7600 or lowest as my prediction in this time is 7200 but maybe it need pump short before go down again and all you can put some money to buy now!
Comment:
Hi everyone, Bitcoin are in 7500 - 7600 like my predict. Maybe it go up little before down to 7200 and we hope this is strong support. If Bitcoin bounce from 7200 so it may go up to 8300 - 8500 - 8700 in mid-term before down again. All you can see my newest chart I just post. Thanks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.