Long

Updated

My BTC Price Prediction for May 2018

I see a bearish divergence in the oscillator but I say we hit ~10400 sometime this month.

Note

BTC fell into the "accumulation" zone. Let's see if this area holds.

snapshot

Note

Looks like a diamond bottom here. Expecting a solid leg up into the green zone seems like a good risk to reward ratio.

snapshot

Note

Diamond bottom failed

Note

The path to least resistance seems to be towards the down side right now. Anticipating a move towards the ~7500 range this month.

Note

If the daily 200EMA continues to be resistance, I wouldn't be surprised with a downside into the green box (~7500).

snapshot

Trade closed manually

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