StefanBode

Bitcoin - Low is in - if 7.326 hold!

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BITSTAMP:BTCUSD   Bitcoin
As last week, Bitcoin has chosen the second alternative with a wxyxz correction instead of the first alternative abc. If the low holds $ 7.325, the low is likely to be in it. Why? Bitcoin turned just short of the 77.4% correction ($ 7.303) of the move blue i. The impulsive upward movement that began yesterday also took the high of March 16, 2018, and thus raised a higher high on a small level. Also, RSI and MACD have diverged and no longer confirm the lows in the chart. All this speaks for a striking turning point! www.youtube.com/watch?v=TSxxGvM4...

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