BTC vs USD Tuesday 8th May 2018 Roadmap [BTFD]

in #money7 years ago (edited)

download (1).png

https://www.tradingview.com/x/MiaHdD2y/

Interactive chart: https://www.tradingview.com/chart/BTCUSD/3oJH7ef8-Buy-in-May-and-go-away-Bitcoin-s-drive-to-new-levels-BTFD/

BTCUSD Tuesday 8th May 2018: A gravestone doji is drawing on daily and may indicate a breakdown from the current trend unless support can be found around the 9300 range.

Stochastics is touching on the key 55 level, a bounce from here would indicate a run back to the 10k target.

On current trajectory a death cross is still highly feasible as drawn on the graph for an idea of timing.

For a bullish breakout to change trajectory - we will need a strong bid during the rest of the week.

In other news:

Bill Gates claims he would "short bitcoin If I could" the winklevoss twins give him a challenging ultimatum to short the CBOE contracts and put his money where his mouth is - http://www.businessinsider.com/tyler-winklevoss-to-bill-gates-put-your-money-where-your-mouth-is

Owners of the New York stock exchange reportedly working on a BTC crypto exchange! http://www.businessinsider.com/ice-new-york-stock-exchange-owner-bitcoin-trade-platform-in-the-works-2018-5

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