analysis of bitcoin day 15/05/2018

in #bitcoin6 years ago

btcimagen
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Greetings community of Steemit, today I will continue with my daily analysis of bitcoin and what has happened since yesterday. As it was said yesterday, the idea was to wait for the bitcoin to give indications of what would happen with the value of the price with respect to what happened, it was said that if the bicoin went up by the 200 SMA and broke the pivot point with strength it would be looking bullish but also said that it was possible a downturn towards them and that good prices for the repurchase would be in the 8300 and 8400 results that not only reached these points but at the time of this publication the envelope step and I get to the 8140.

image of the day 14/05/2018

iamgenbitcoinp
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image of the day 15/05/2018

iamgenbitcoinh
self image source

movement prediction


For the time being if you paid attention to the moment of yesterday and were attentive to the moment when it reached the 200 SMA and you sold at this time these are a good time to buy if you want to wait to see if it goes even further down a good point would be as close as possible to support 1 of the pivot points of the week as it may be a good bounce point in the same way be attentive to the fact that if the price breaks this support support we would be talking about that it will go quite down and the supports near these would be in the 7800 but it is possible that I bounce before reaching these points from my point of view without more than saying thank you for reading my post.

important:Remember, I am not a financial advisor or anything like that. the information I provide is information given according to my analysis that is given so that people can get an idea of how the cryptocurrency market is going.


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Another red day on the charts as price fell through the $8,330 level.. I believe price will continue to fall over the course of the week and test the $7,870 region!
Screen Shot 2018-05-16 at 1.51.18 pm.png

if I also give you that possible prediction that can fall close to 7800 although you have to be encouraged that this can bounce and climb again.

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