CryptoPatel

Bitcoin Exclusive Update Bearish Engulfing Pattern so $8300..?

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BITSTAMP:BTCUSD   Bitcoin
Bitcoin Current Price is $8800.

Overview: We told you about long BTC at $7600 and $8000.
Now you all are in huge profit.
Our Three Target has been successfully Achieved.
So Congrtas for profit.

Now What TA Says:
According to TA now We can See Bearish Engulfing in 8 hours Chart Time Frame.
Two bearish Engulfing Pattern in 8 Hours Chart Time Frame.
So we can expect Retracemnet till $8200-$8300.

but keep in mind its possible only this time Main Resistance line not Break.
I draw in Chart.
so If we bellow this Support then we can see Some retrancement around $400-$600.

but
If break upward side resistance at $8900-$9000 then we can see $9500-$9800 in short Term.
so prepare both position.

so keep an eye on every update.

Thank you and please like and share and follow me

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