Bitcoin - Update Bitcoin Chart May 16, 2018

Words
217
Reading
1 min
Listen
Play
8y

image.png
Bear div MACD appears in the frame 2H, but 15m has an RSI bull div so I reminded ae should latch out at $ 8550.
Currently, we need to focus on two support areas, in my opinion $ 7800 is the slider.

image.png
we are in the next wave 4 will be wave 5 dump
Long term is in wave 4 of wave 12 of wave 5 of wave A in long Wave 2 in tuning, ON WAVE IN STAGE OF WAVE 3. This long wave ends if the bottom is in the 7k8 8k1 btc frame, it will be very strong in 9k3 9k4.

If the bottom 7k8 perforated too 1 7k7 7k6 deeper than 7k6 risk of long wave A continue to perforate the deepest 7k2

The long term trendline is at 7k8 8k1

About BB still not lying down the middle line, touching bb (about to open)
Stoch rsi down 70% level is at 9 points to 0 bottom bottom
rsi is at 34 down 2x the head turns high
The MACD is in the red, the blue line is below the 0 line
EWO wave bearish

DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

Thank you for reading my post.
If you like my posts
Please consider upvoting and commenting.
I always reply and upvote comments that upvote the post!
Thank you again !


steemit.jpg

Bitcoin - Update Bitcoin Chart May 16, 2018 | Ecency