BTC Chart Update - Maxime Desalle - 28/03/18
Good afternoon dear traders,
I hope you made some profit today. Yesterday, I said that Bitcoin would go to 8100 $, and it did. ( Yes I know, I said that it would break that resistance, but come on guys! ;-) )
The current support is located at 7800 $. There is a resistance at 8000 $. In my opinion, Bitcoin will reach 8000 $ and then I don't know. Why? It's very simple. First, the MACD isn't very clear. The MACD is low, ok that's good, but isn't perfect. The RSI is not low, but not high. The thing is that we could see a breakout when Bitcoin will reach the 8000 $ or we could see a pull back when BTC will have reached that resistance. You will say to me that it isn't very useful to give two possible situations, but I only tell you my prediction if I'm 100 % sure. Here it isn't the case. If I lose money because of me, that's not a problem. If you lose money because of me, that's a problem. In my opinion, it all depends of the upcoming news. If there is bad news, Bitcoin will go down again for sure to 7800 $ and possibly to 7700 $. If there is good news, BTC will go to 8000 $ and possibly higher.
Thank you very much for reading this and for your support,
Maxime Desalle
I hope you made some profit today. Yesterday, I said that Bitcoin would go to 8100 $, and it did. ( Yes I know, I said that it would break that resistance, but come on guys! ;-) )
The current support is located at 7800 $. There is a resistance at 8000 $. In my opinion, Bitcoin will reach 8000 $ and then I don't know. Why? It's very simple. First, the MACD isn't very clear. The MACD is low, ok that's good, but isn't perfect. The RSI is not low, but not high. The thing is that we could see a breakout when Bitcoin will reach the 8000 $ or we could see a pull back when BTC will have reached that resistance. You will say to me that it isn't very useful to give two possible situations, but I only tell you my prediction if I'm 100 % sure. Here it isn't the case. If I lose money because of me, that's not a problem. If you lose money because of me, that's a problem. In my opinion, it all depends of the upcoming news. If there is bad news, Bitcoin will go down again for sure to 7800 $ and possibly to 7700 $. If there is good news, BTC will go to 8000 $ and possibly higher.
Thank you very much for reading this and for your support,
Maxime Desalle
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