Quick preview of my past TA - Bitcoin Technical Analysis - 27 March 2018.

After completion of corrective Wave 3, the price went up to $8.15k zone (Wave C). A bearish flag formed and it can easily be seen below.

Corrective Wave 5 is still in-play which is expected to be completed at $7k zone (2.618 Fib. ext.). The $7k zone also coincidentally lied at the long-term channel support.

If the price hit the $7k zone and clearly bounced to more than $8.4k, the ABCDE impulse wave may be validated and a bullish run will commence. But, if the $7k zone support is clearly broken, then the price will be pushed down and a retest of the $6k zone is expected. Short-term price movement is slightly bearish.

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.

Want to earn more?

Earn through SMARTSTEEM - guide
Earn followers and upvotes through STEEMFOLLOWER
Earn through mobile mining - Electroneum

Earn through games:

Cryptomininggame - browser game
Aethia - Ethereum game
Bitcoin mining game
Magic bitcoin farm
Dino park game
Cash zoo bot

Guide for newbies:

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!