A Pattern I'm Seeing From BTC since the most recent low

31 mar 2018

Chart explains it all. From reading hundreds of analysts over the last 3 days, I realize nobody knows what is going to happen. BTC doesn't seem to be following any of the standard book patterns (unless we zoom out to 4 hour+. Anyways, if we hit bottom a couple days ago, this is a trend I'm seeing since. We seem to have a support line which we will find it very shortly if it holds. Then, BTC should see a 5-7% increase over the next 3-6 hours...breaking above the most recent high.

EDIT - BTC broke support line immediately after posting this, but I realized the green support line up is higher than it should be (rookie mistake). The support is still broke but let's see if it bounces back up into the green area!

31 mar 2018

Nota

Original Support line updated (see comments above) - BTC still broke the new support but is trying to fight back into the green one -

UPDATED CHART - imgur.com/a/5CPMW

31 mar 2018

Nota

Support broke, now looking for BTC to bounce above the 2nd bounce off of my original support (BTC around $6795). If we see a strong bounce the next target I'm looking for is the same, around $7,400 above our most recent high around $7,225)

31 mar 2018

Nota

i.imgur.com/0lNFanl.png - NEW PROJECTION (There seems to be support below $7,000, volume is increasing on the 15 minute) Now we need a bounce with upward movement above $7,225 to create a new high. $7,400 forecast.

31 mar 2018

Nota

Updated Thoughts On New Chart -

31 mar 2018

Nota

Without a strong support line and such strong bearish sentiment from a majority of traders, why did we bounce off $7,810 so hard? *The volume spike at $7,810 could be whales propping up the price to create a bull market.

I'm seeing solid support between $8,000 and $7,800. BTC 1.24% tapped off $7,810 and ascended back into my projected range (Green). Did the whales buy their long positions over the last 2 days in the $6,500-$7,000 range and now they're propping the market by buying the dips and KEEPING HIGHER LOWS?