BTC Bitcoin May 22nd Morning Technical Analysis - Supports, Resistances, Bullish and Bearish Scenarios

@philakonesteemit · 2018-05-22 11:32 · bitcoin

![](https://steemitimages.com/DQmVrkKB9WsHitkHqkPomeUeagT9U313P9vDA13PtvWJzta/image.png)

General Tone: The bearish view, we find confluent reasons to enter near $7,200 range since it hits the 0.786 fib level and a major trend line support. The bullish view, we hold above $8,087 and break above $8,644. Long Term Bias (6+ months) - Bullish Medium Term Bias (Next Week) - Neutral Short Term Bias (Today) - Neutral Long Term Target Prediction by 2019 - $35,000(ATH)

https://youtu.be/BBnmE9b7ykM DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

#bitcoin #technical #analysis #trading #cryptocurrency
Payout: 0.000 HBD
Votes: 357
More interactions (upvote, reblog, reply) coming soon.