BITCOIN SUPPORT AROUND 8400 3RD TEST

in #bitcoin7 years ago

3rd time the bear test the support zone around 8400 and bull manage to still close above. Wide range in yesterday candle ending with doji. It also closed above the mean reversion lower channel, let see how the candle work out today. Candles consolidating within the 100 and 50 day moving average.
Screen Shot 2018-05-15 at 9.01.59 pm.png

Short term moving average : downtrend strength slowing down
RSI : -
Depth Chart : wall 7500 and 10000
Weekly Timeframe : last weekly candle closed bearish, possible evening star candle stick pattern
Screen Shot 2018-05-15 at 9.06.33 pm.png

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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i want to see it at $20k.
some big whales are really playing the market hard recently. I am patient though.
I hope the your next post will talk about $16k support,

@cryptosteve thank for dropping by.
it's gonna take a quite awhile for it to hit 20k again. But then again it's all about market sentiments on supply and demand anything can happen.

Deep down I want it to go up too wahhahah 16k, 20k, 32k, 52k =)