BTC Landing at 8850ish to fly back to 9400ish

アップデート済

BTC has been dropping as part of a due correction... Next support is at around 8850 so expect the next flight there. Overall picture does seem bearish but short term, should go up halfway at least!

ノート

Looking athe MACD and RSI, its a risky trade.

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As an indication of up or down movement, look at the altcoins and see if any of the big ones i.e., ETH/LTC/BCH are pumping... a good half a minute of these coins going up or down is an indication that BTC will follow.

I know usually these coins follow BTC but at times, these coins give an indication about BTC as wel.. its like mutual cooperation between big brother and siblings :)

ノート

I don't think that dumping is serious, could be a bear flag or bear trap... should recover soon.

iamanupam