DISCLAIMER: It is understood that all the suggested input of Maxime Desalle regarding this chart analysis are only recommendations / support from a business perspective and do not constitute in any way legal terms. To that extent you retain sole responsibility should you make use of such recommendations.
Good afternoon dear traders,
I hope you that you followed my chart analysis from yesterday because it was 90% correct! (I predicted that Bitcoin would reach to 6890 $ (And it did! :-)))
Current support is located at 6890 $. There is a big psychological resistance at 7000 $. Bitcoin is still in a triangle pattern (indicated in white). You can see that BTC is currently in an uptrend (indicated in green). MACD could be better. RSI touching the overbought line, that's not good. I will not predict anything today because it's very difficult to predict something at the moment. When there are jumps like this one, you can't know if this will continue or instantly pull back! In my opinion, it's only a matter of days for us to see Bitcoin reaching 7000 $.
Thank you very much for your support,
Maxime Desalle
Good afternoon dear traders,
I hope you that you followed my chart analysis from yesterday because it was 90% correct! (I predicted that Bitcoin would reach to 6890 $ (And it did! :-)))
Current support is located at 6890 $. There is a big psychological resistance at 7000 $. Bitcoin is still in a triangle pattern (indicated in white). You can see that BTC is currently in an uptrend (indicated in green). MACD could be better. RSI touching the overbought line, that's not good. I will not predict anything today because it's very difficult to predict something at the moment. When there are jumps like this one, you can't know if this will continue or instantly pull back! In my opinion, it's only a matter of days for us to see Bitcoin reaching 7000 $.
Thank you very much for your support,
Maxime Desalle
