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Bitcoin 8000$ soon see possible Reason Based On Technical analysis. (11 july 2018)

avinashdebnath

Published: 11 Jul 2018 › Updated: 11 Jul 2018Bitcoin 8000$ soon see possible Reason Based On Technical analysis. (11 july  2018)

Bitcoin 8000$ soon see possible Reason Based On Technical analysis. (11 july 2018)

Hello guys, we know that last few month was bad for Btc as well as altcoins. Right?

so here i am going to give you some positive possibility of btc.

alt

We know In last 2-3 day btc has been consolidating near 6950 Which is also Resistance level. But btc can't break that level which is good for us To Forming Inverted Head and Shoulder Pattern.. Note:- pattern not complete yet but it is possible to complete soon.

1 Day Chart

You can see In chart the current situation of btc support at 20 Moving average.. also possible to bounce from here.. To complete right shoulder of pattern.

Also you can see RSI bullish Divergence which really positive sign for us.

alt

See Chart here!

NOTE:- This Post is Only For Education purpose.

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@avinashdebnath!

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