Read my yesterday’s analysis: https://steemit.com/bitcoin/@cryptocurrencyta/btcusd-technical-analysis-18-03-2018
As my analysis, BTCUSD almost touched 7200 before bouncing back. In H4 chart, it already break H4 trendline and MA20. At this moment, it’s on the same level of the last swing high. If it’s break this level, I think bull market will come back. But I expect it makes a retrace first and price already touch higher band of Bollinger and Stoch is in overbuy zone.
In H1 chart, price is going to show a sell divergent trade.
In conclusion, I expect price will retrace in short-term, and bounce back from trend line after breaking it, or at least bounce back at H4 MA20.
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