Bitcoin 8000$ soon see possible Reason Based On Technical analysis. (11 july 2018)

in #mgsc • 6 years ago

Hello guys, we know that last few month was bad for Btc as well as altcoins. Right?

so here i am going to give you some positive possibility of btc.

We know In last 2-3 day btc has been consolidating near 6950 Which is also Resistance level. But btc can't break that level which is good for us To Forming Inverted Head and Shoulder Pattern.. Note:- pattern not complete yet but it is possible to complete soon.

1 Day Chart

You can see In chart the current situation of btc support at 20 Moving average.. also possible to bounce from here.. To complete right shoulder of pattern.

Also you can see RSI bullish Divergence which really positive sign for us.

See Chart here!

NOTE:- This Post is Only For Education purpose.

Liked the article? Please click here! for follow and don't forget to Upvote..

@avinashdebnath!

#bitcoin #cryptocurrency #india #analysis
6 years ago in #mgsc by
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     6 years ago 

    You got a 18.33% upvote from @mitsuko courtesy of @avinashdebnath!

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     6 years ago 

    You got a 20.00% upvote from @whalecreator courtesy of @avinashdebnath! Delegate your Steem Power to earn 100% payouts.

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     6 years ago (edited)

    I personally want Bitcoin to remain low for a few more months, that way we can get some more time to fill our bags at lower prices. Nevertheless, good analysis @avinashdebnath

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     6 years ago 

    You just rose by 28.57% upvote from @getkarma courtesy of @avinashdebnath

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       6 years ago 

      This post has received a 3.08 % upvote from @booster thanks to: @avinashdebnath.

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         6 years ago 

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           6 years ago 

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             6 years ago 

            You have been defended with a 8.33% upvote!
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               6 years ago 

              You got a 6.10% upvote from @edensgarden courtesy of @avinashdebnath!

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