BTCUSDT to witness Right-shoulder bottom in coming few days

17 mar 2018

BTCUSDT is yet to form right-shoulder bottom. The selling pressure has recently increased as can be seen with increase in number RED volume lines recently. MACD is also bearish looking to go south. There will be a fall to 6666$-6450$ level and a quick touch and rebound back to this level from as low as 5800$-5700$ is also quite possible as the three light blue lines will form support. This action is possible to happen by 21st March.

Disclaimer: This is just for informational purpose and an investment advice. Trade at your own risk.