Bitcoin now into Sellers Territory.. 2400$ and 2100$ targets on downside...

in #steem7 years ago (edited)

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Hello, i shared my technical analysis last time upon dipping of Bitcoin under 2000$ and making Double Bottom on Daily Chart but since pattern is on Daily chart i think before 1st August upside is limited and range will remain in place.

So now Bitcoin and Altcoins went up i think shorts are getting ready especially in Bitcoin..

I shared my analysis on altcoins as well with price targets.. Stratis went more than 100% with pivx and doge... here is my altcoins blog:

Rebound on way after 2nd plunge down!!! Buy for short time

https://steemit.com/steem/@hellogelt83/rebound-on-way-after-2nd-plunge-down-buy-for-short-time

Bitcoin Blog:

Where Bitcoin can go... short term!!! Before 1st August

https://steemit.com/steem/@hellogelt83/where-bitcoin-can-go-short-term-before-1st-august

For now i am not buyer of Bitcoin before 1st August... i think any break of 3000$ will be fake before 1st August to rip off traders stop losses!!!!!

Now i think downside again towards 2400$ and then 2080$... then consolidation and later 1st August God knows!!!

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For now shorts are more appealing to play the range.. Good Luck and Steem On!