Bitcoin Technical Analysis Update (19 March 2018)

Here is latest update on bitcoin technical analysis,

• The price bounced as expected with a daily bullish reversal candle, volume is nice.
• Bounced from 0.786 fib level.
• Possibly follow bullish gartley pattern the 1st target should be around 9350-9580$ according pattern)

• H4 chart had standard bullish diversion on volume macd and OBV oscillators but keep eye on that mentioned yellow box (Trap zone)zone area (8350-8500$) the price will have to break this level with good momentum candle before next target towards 9400$ the red zone area