BTC ANALYSIS - SUPPORT AT MAJOR LEVEL!

in #bitcoin6 years ago

SUMMARY

The short term outlook appears that price has been able to find support at $8,330 level. Price formed a double bottom on this level after it was rejected and then was able to retest and find support again!

The long term prediction for where price is heading is still uncertain, there hasn't been a clear move away from the current level of $8,330. Price may attempt to retest this region of the next few days, if we are able to find support for a third time it is a good indication that price will not fall below this level.

Screen Shot 2018-05-14 at 10.13.39 pm.png

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I hope you are right!

Your post will be shared in my daily report :)

Thank you very much!

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