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May 2, 2017 8:09 AM

A new steeper trend direction up to 1.800 USD or correction? Short

Bitcoin / U. S. DollarKraken

Description

Is there a new steeper trend corridor up to 1800 USD ahead (green one)? Or comes now the overdue correction down to at least 1.100 USD? I'm still unsure. At the moment I see more the red one. What do you all mean? I'll keep you updated.

At the moment I see three trends:
- Green (the new one).
- Blue (standard direction).
- Red (down).

In any case we are faced with a great turn. 1.450 USD is a strong resistance.
Let's see what happens. Happy trading! :-)

Comment

i am still waiting ... for me it's too spiky

Comment

Short-term opportunity to buy

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