Crypto Screener Forums Bitcoin (BTC) Forecast – Technical Analysis Bitcoin (BTC) Technical Analysis – November 2017 Reply To: Bitcoin (BTC) Technical Analysis – November 2017

#849
AndreSnyman
AndreSnyman
Participant

Our short on bitcoin is currently in profit. We need to look at the trend line at 7240 to see if btc is still going down or going to break higher. A strong bull market does not just leave it’s grip on the market! My day chart target of $8200 is still in play, I expect btc to test $6600 before we can go higher. At $6600 we need to look for price action to see which way btc will go next! The trend line at 7240 will show me if I will stay short or buy back my btc. Our 2nd short was triggered at $7270 when the trend line broke