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[BTC] A bullish cycle beginning. 12000 target
Bitcoin
Long
[BTC] A bullish cycle beginning. 12000 target
By MikiMiki96
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Updated
May 24, 2018
5
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May 23, 2018
We hit 7783, 61.8% retracement. We are likely to defend this level since this is the dip below the trend line.
I've called some time before potential buy zones as 7800 or 7200. I don't think we will go that lower anymore, and this is the dip you can have.
RSI 4hrs shows it has been oversold, plus there has been a bullish divergence.
I am pretty good at predicting the direction, and I say we go up this time.
May 24, 2018
Comment
ok second buy zone 7200 reached. We will rally first to 8200
May 24, 2018
Comment
If im not mistaken, we will start the 3rd wave in a big picture soon.
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Trend Analysis
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