The different SUPPORTS & RESISTANCES + the FUTURE for BTC
DISCLAIMER: It is understood that all the suggested input of Maxime Desalle regarding this chart analysis are only recommendations / support from a business perspective and do not constitute in any way legal terms. To that extent you retain sole responsibility should you make use of such recommendations.
Good afternoon dear traders,
I hope you made some profit today!
Current support is located at 8700 $. There is a big psychological resistance at 9000 $. You can see on the chart that I drew all the different supports & resistances for Bitcoin on a short term perspective. It seems like there is a change of trend in the MACD because it's going down. The RSI is also falling after reaching the overbought line several times.
Here is my prediction: In my opinion, Bitcoin will fall to 8700 and then bounce back up again!
Thank you for your support,
Maxime Desalle
Good afternoon dear traders,
I hope you made some profit today!
Current support is located at 8700 $. There is a big psychological resistance at 9000 $. You can see on the chart that I drew all the different supports & resistances for Bitcoin on a short term perspective. It seems like there is a change of trend in the MACD because it's going down. The RSI is also falling after reaching the overbought line several times.
Here is my prediction: In my opinion, Bitcoin will fall to 8700 and then bounce back up again!
Thank you for your support,
Maxime Desalle
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