PUSHBACK – by Vesa Kivinen – Purchase

crypto.press-icon-bitcoin feed-crypto-currency-news-information-prices 4/4/2018 12:00:00 AM

PRICE ANALYSIS: BITCOIN

Bull case:
Stochastic RSI shows a bullish divergence, meaning price is
set to pivot upwards towards $7800 resistance. If we are able to break this
resistance level, it’s likely that price may reach the Kijun-Sen at $8800. We
have already tested the Kijun-Sen four times since late February, it seems
likely that we will again sooner rather than later. Stop-loss can be set at
your own discretion.

Bear case:

If we instead bounce from resistance at $7800, we will
likely test $7000 support level. Where further slippage may see price fall to
$5800. Remember it’s always a good idea to have a plan before entering any market. It’s also very important that you stick
to that plan no matter what. Emotion has no place in the market for the
successful trader.

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Zeff Gotti is a man who resides in Rialto, CA.
Near a Spearmint Rhino and Taco Mexico.

He has a Bachelors of Science in Physics from
California State University San Bernardino. And
teaches at a private school in a secret location.

He's also passionate about crypto. Because lambo.

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