Is the FUTURE of BTC GOOD or BAD? I tell YOU my opinion!
DISCLAIMER: It is understood that all the suggested input of Maxime Desalle regarding this chart analysis are only recommendations / support from a business perspective and do not constitute in any way legal terms. To that extent you retain sole responsibility should you make use of such recommendations.
Good afternoon dear traders,
I hope you are following my trading signals and didn't sell because I think that we will make huge gains! (For more info about my trading signals, please PM me)
Let's begin! The current support is located around 6700 $. There is a resistance around 6750 $. After this resistance, there is a big psychological resistance at 7000 $! But don't forget that before that one, there is the 6890 $! (Yes I know, it's a little bit complicated! ;-)) Like you can see, there are 2 triangle patterns! I indicated them in yellow and white. The MACD looks good because it seems that we are going to an uptrend again. You can see that there is an M-pattern on the MACD volume. There is also a big MACD support (Indicated in green). The RSI is looking good because it's low. That's a good thing.
Here is my prediction: In my opinion, Bitcoin will first go down to 6710 $. Then BTC will bounce back up again. After that, Bitcoin will break the 6750 $ resistance and will go to 6890 $. Don't forget that this is my personal opinion, please make your own research!
Thank you for your support,
Maxime Desalle
Good afternoon dear traders,
I hope you are following my trading signals and didn't sell because I think that we will make huge gains! (For more info about my trading signals, please PM me)
Let's begin! The current support is located around 6700 $. There is a resistance around 6750 $. After this resistance, there is a big psychological resistance at 7000 $! But don't forget that before that one, there is the 6890 $! (Yes I know, it's a little bit complicated! ;-)) Like you can see, there are 2 triangle patterns! I indicated them in yellow and white. The MACD looks good because it seems that we are going to an uptrend again. You can see that there is an M-pattern on the MACD volume. There is also a big MACD support (Indicated in green). The RSI is looking good because it's low. That's a good thing.
Here is my prediction: In my opinion, Bitcoin will first go down to 6710 $. Then BTC will bounce back up again. After that, Bitcoin will break the 6750 $ resistance and will go to 6890 $. Don't forget that this is my personal opinion, please make your own research!
Thank you for your support,
Maxime Desalle
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.