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
Short-term prediction
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.
Mid-term - long-term prediction
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).
Disclaimer
This is my personal view and I don't claim it to be a professional financial guide. Your decisions are only controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.
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Crypto Guide for Dummies - Avoiding Beginner's Mistake
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