My technical analysis for the pair BTC/USD.

in #cryptocurrency7 years ago (edited)

Hello dear steemians ,
Today i will share my view and prediction for the bitcoin,

from the chart we spot that btc is forming a shape of a bullish triangle, i predict that btc wil go up and test the 16200$(pointD) and then go back to test 13800$ (point E),the decreasing volum as shown on the chart is a good indicator for potential breakout, if bitcoin succed to breakout ,, we can see bitcoin go and retest the all time high again
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please note , this is not a financial advice my friends,
good luck
please upvote , resteem and follow me at @yassine04 for more chart analysis
thank u.

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Nice analysis

thank u my friend

Sell arround 16k and buy again arround 14k is that right?

thats my prediction,,but try to do ur own research my friend

This post has gratitude of 0.51 % from @appreciator thanks to: @yassine04.

You got a 3.83% upvote from @minnowvotes thanks to @yassine04!

Up Down, Up Down, Up down, buy on down sell on up around we go!