Hello and welcome to my first demanding and challenging prediction :)
I will talk about two scenarios...
It seems to me that Adam and Eve formation is to be followed after the confirmation at the 9200 level. From now on, we can expect a handle form between 11500-11800; And then, a strong upward movement is expected. If it breaks the resistance (the handle form) then, in my opinion, it may go up to 15000s until 23.07.2018.
BUT, I have also a scenario B due to possible Head and Shoulders formation. If it cannot break the resistance at the end of May, BTC may fall dawn first to 8500s, and then even under 7000s.
When?
The fraction point is 28 May 2018.
Scenario A: If we break the resistance levels of 11500-11800, then, to the moon.
Scenario B: If we cannot break the resistance, then we will fall dawn to 8500s on 23.07.2018; On this day there will be another test. If we cannot go up, probably we will hit 6500s on 17.09.2018.
Disclaimer: I'm a newbie, so, don't take this as an investment advice, #DYOR
With love from Turkey :)
I will talk about two scenarios...
It seems to me that Adam and Eve formation is to be followed after the confirmation at the 9200 level. From now on, we can expect a handle form between 11500-11800; And then, a strong upward movement is expected. If it breaks the resistance (the handle form) then, in my opinion, it may go up to 15000s until 23.07.2018.
BUT, I have also a scenario B due to possible Head and Shoulders formation. If it cannot break the resistance at the end of May, BTC may fall dawn first to 8500s, and then even under 7000s.
When?
The fraction point is 28 May 2018.
Scenario A: If we break the resistance levels of 11500-11800, then, to the moon.
Scenario B: If we cannot break the resistance, then we will fall dawn to 8500s on 23.07.2018; On this day there will be another test. If we cannot go up, probably we will hit 6500s on 17.09.2018.
Disclaimer: I'm a newbie, so, don't take this as an investment advice, #DYOR
With love from Turkey :)
Trade closed manually:
Due to unexpected MtGox mass BTC sell-off, I close this trade manually.