![Skjermbilde 2018-05-08 kl. 13.23.03.png](https://cdn.steemitimages.com/DQmQW3buTkwRxvocJcUz3v7Pjym5SnBkFTT6JXfrzVpe9se/Skjermbilde%202018-05-08%20kl.%2013.23.03.png)



Follow me @steemcharts for daily updates on BTCprices. If you want more charts and more in depth info, please join our Discord server [Crypto&Chill](https://discord.gg/KjAb5UF)

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>Disclaimer: This is not investing advice. These charts are for fun and beginners.  An easy to understand basic introduction to charts.

 
## BTC

![Screen Shot 2018-08-15 at 18.08.48.png](https://cdn.steemitimages.com/DQmX7PYzCjEfBDYXR8xRWwubnZNdFL6zej7AtY4pDHkqwsH/Screen%20Shot%202018-08-15%20at%2018.08.48.png)

Even though it is fun to see a green day, I think the probability is that it is not sustainable. We are losing momentum all ready as we are going up on lower volume. I except another big drop in a few days. I think we have to close a few days well above the 68,1 fibonacci which means around $7000. That is also where we ran into resistance last short attempt to stop the fall. First is $6500, then $7000 then I will start to look a little more bullish on things.

 
 

 
<div class="pull-left">https://cdn.steemitimages.com/DQmboPPj7ANnhDZi2a4ze3skdZpZZzjQik7RVqB6kGBTkHF/Crypto%20&Chill.png</div>

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