Date: 11 March 2018 - Time: 23:35 (GMT+8)
Cryptocurrency exchange: Binance
Current BTC price (USDT): 9,170.00
24h high (USDT): 9,335.00
24h low (USDT): 8,450.00
Signals are not yet clear and there is only side-ward movement of the price ($8,400 zone support and $9,500 zone resistance). However, RSI indicator shows slight increasing support pattern, which signals a slightly bullish pattern.
Breaching $9,500 resistance and maintaining the price above it validates the current count and will push the price upward until the $9,700, then $10,000. However, breaking $8,400 support will invalidate the current short-term count.
Looking at the chart, we have seen the bottom at $6000.01 in the mid-term (possibly for 2018).
If EW current count is correct, then we have completed wave 2 and on our way to wave 3 which will probably hit $14,000 zone (100% Fib. Extension).
Earn through SMARTSTEEM - guide
Earn followers and upvotes through STEEMFOLLOWER
Earn through mobile mining - Electroneum
Trading Strategy 101 – Understanding Cryptocurrency Volume
Trading Strategy 101 – Understanding Order Books, Buy Walls, Sell Walls, and Fake Walls
Trading Strategy 101 – Using 3 Moving Averages
Trading Strategy 101 – Support and Resistance Zones Strategy Guide
Trading Strategy 101 – Easiest Bitcoin Trading Strategy
Crypto Guide for Dummies - Avoiding Beginner's Mistake
If you liked this post or it helped you in any way, please upvote, follow, and resteem so that more people can learn about this information! Thank you!