BTCUSDT Technical Analysis - 26 April 2018

in #bitcoin6 years ago

Quick preview of my past TA - BTCUSDT Technical Analysis - 24 April 2018

Here's what happened

As I have expected, the price went on a bullish run up to $9.75k (my previous target was $9.9k max) before correcting down.

The price is now testing the $8.7k zone support and I am expecting it to be the completion of wave 4 before going back up to $10.4k - $10.5k zone for wave 5; however, if the price clearly breached the $8.6k zone and maintained the price below it, current count will be invalidated and we will see the price go lower.

Disclaimer


This is my personal view and I don't claim it to be a professional financial guide. Your decisions are controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

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