Mad_Merchant

Mad_Merchant

Lets go.

Mad_Merchant

Praise the BTC gods.

Mad_Merchant

Hello there! Today's prediction is a drop to 7.8 and a nice re-bounce to a COOL 9.4. HAVE A GOOD DAY.

Mad_Merchant

Trend lines etc. Expected targets: 9K -> double bottom to 8.2-7.8. Recovery to 9.4-9.8.

Mad_Merchant

:)

Mad_Merchant

Target is 8.8K and we might see a drop to 7.8K first.

Mad_Merchant

coming soon.

Mad_Merchant

Back up over 9.4K and drop to 7K.

Mad_Merchant

LAYER LONG @ 8400, double down @ 8300 and again at 8200. MAX DROP 8278-8189

Mad_Merchant

updated to follow new pattern

Mad_Merchant

As long as we don't break 8.8, the bulls are looking good and I'm predicting them to follow this pattern.

Mad_Merchant

If btc drops near 9.7K and holds, I'm expecting a pattern like this to occur.

Mad_Merchant Updated 

Bull indicators for large candles

Mad_Merchant

Big candle near pink arrow. Most likely going down.

Mad_Merchant

added some trend and support lines to previous prediction.

Mad_Merchant

7.8K target prediction

Mad_Merchant

BEAR 0.75 FIB NEXT STOP. Make sure to keep tight stop losses if you are long.

Mad_Merchant

We went from a 0.5 fib to touching .618 fib after the sharp decline to sub 7K. Next should be 0.75 FIB if we follow same pattern meaning we are going DOWN. If you are long keep stop loss at 9.2K with a short. Cheers.