According to the H1 time – frame, I found that BTC breached the support trendline in the backgorund and that upward correction has finished. My advice is to watch for selling opportunities. The downward targets are set at the price of $3.112 and at the price of $2.894.
Support/Resistance
$3.262 – Intraday resistance
$3.170– Intraday support
$3.112 – Objective target 1
$2.894 – Objective target 2
With InstaForex you can earn on cryptocurrency’s movements right now. Just open a deal in your MetaTrader4.
The material has been provided by InstaForex Company – www.instaforex.com
Trading recommendations:
According to the H1 time – frame, I found that BTC breached the support trendline in the backgorund and that upward correction has finished. My advice is to watch for selling opportunities. The downward targets are set at the price of $3.112 and at the price of $2.894.
Support/Resistance
$3.262 – Intraday resistance
$3.170– Intraday support
$3.112 – Objective target 1
$2.894 – Objective target 2
With InstaForex you can earn on cryptocurrency’s movements right now. Just open a deal in your MetaTrader4.
The material has been provided by InstaForex Company – www.instaforex.com
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