BTC (Bitcoin) / USD - 11 August 2018 - explained in simple chart how long will the drop continue

in #bitcoin6 years ago

Bullish divergence on daily so some sort of uptrend (green arrow) is expected before the next down leg (red arrow) witch most likely will stop at the channel resistance at 5200$. It's look like this downtrend repeating the last one from May and June.

Screen Shot 2018-08-11 at 10.17.21.png

Screen Shot 2018-08-11 at 10.18.02.png

Follow me on steemit to be updated!

Buy me a beer if you are happy with my TAs

Bitcoin: 3DQkWWrtD7nL1nHLKzQXQt2s13bAkDeasz

Ethereum: 0x893dbBE19b7F3622227aAd21f2c84Fb8806EE091

Litecoin: MAa339STqrC6MBqniqKXiWPPhH1AonSYWk

Legal Disclaimer: This blog post and the materials in it are for informational purposes only. I'm not an financial advisor. This is only my opinion. It is not advice or recommendation to buy or sell according to provided information about the price movements and I am not liable for any pecuniary damages!