Technical Analysis 08-02-2018 | BTC Bull trap ?🐂[EN]

[cryptotradingfr]

Here is our technical analysis for Bitcoin:

Have we hit bottom? In any case, we seem to have regained the confidence of some investors, as we are starting to rise faster than expected:

In the event that this is not a bull trap, here is the scenario we can anticipate:

In our bullish channel, we were able to place our Elliott wave allowing us to get out of this bearish triangle. To hopefully never come back to it again, we must see it as a clean break.

Do you think it's a bull trap?

Tell us what you think about it in the comments.

You can find our articles on our website: https://www.cryptotrading-fr.cash/

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---Donations---

BTC: 38HATuVdh5B6ifwghv7vtAActXDkVRgWbR
ETH & (Erc20): 0x848a1623b9BDb27371dBbaD1d58d30e6D74F7335
BCH: 19a2gsyBbmzjB33C1As3iRuHP1yUPtr1bv
DASH: XdJYxGr8wnC4NY63XYeRd4EPMoED2M71Gx
LTC: MAHZgp8Q3veBfxxGbKW3G4i1eWRKuzcZW2

@cryptotradingfr

Comments

[coin.info]

Coins mentioned in post:

Coin		Price (USD)	📈 24h	📉 7d
BCH	Bitcoin Cash	1098.310$	12.39%	-21.87%
BTC	Bitcoin	8256.680$	3.73%	-15.66%
DASH	Dash	579.311$	6.49%	-12.76%
ETH	Ethereum	828.855$	2.6%	-26.49%
LTC	Litecoin	146.508$	-1.51%	-5.99%

[getboost]

This post has received a 18.62 % upvote from @getboost thanks to: @cryptotradingfr.

[sleeplesswhale]

This post has received a 35.71 % upvote from @sleeplesswhale thanks to: @cryptotradingfr.