Bitcoin, Price prediction with Plan A and Plan B

5 Ağu 2018

Hello, dear followers, as we can see price found support at 6890 level which located at the top of Accumulation Support Levels *6800-6340*.
The Support level at 6890 is also come with MA50 Daily support:

So for Plan A we should use this level as Stop Loss for Long Entry. Targets are above 7280 and maybe with optimistic 7460.

Plan B will be activated as if 6800 level breakdown, so it will mean that we a going to lowest support level at 6300 and break the Red trend line.

Be sure you follow capital management and be prepared that could happen anything.

From Fundamentals we still pending ETF, so price will probably move nervous and in speculative character until decision are come.

Altcoins near good supports, but yet no trend reversal, so be careful before trade them.

Good luck, support the analysis with comments and press Like:)

6 Ağu 2018

İşlem aktif

Look like btc ready for small retracing in next hours. Altcoins might retrace as well, most of them are overbought at 1h-4h timeframes

7 Ağu 2018

İşlem aktif

7 Ağu 2018

İşlem aktif

6820 tested as a support with bullish breakout

7 Ağu 2018

İşlem aktif

active plan b

8 Ağu 2018

İşlem kapandı: hedefe ulaştı

Reached accumulation support levels, price testing new Higher Lows, Wyckoff schematics on btc since June 13.