CryptoCreamPuff

BTC Chart Update - Maxime Desalle - 05/04/18

Corto
COINBASE:BTCUSD   Bitcoin
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 didn't lost to much money during the little crash of today.

The current support is located at 6600 $. There is a resistance at 6800 $. It seems like there is a support on the RSI. The MACD isn't very good, but also not bad. It's difficult to say for the moment what happens with the MACD. You can see an M-pattern on the MACD volume. That's not good news because it means that we can see a possible pull back. I will not make any prediction today because yesterday I made a mistake and it was because there was a lack of indicators that could show me the future. Here it's the same situation. If I lose money, that's my fault. But if you lose money because of me then it's really my fault. And I don't want that.

Thank you for your support,

Maxime Desalle
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