According to the 30M time – frame, I found that BTC broke the bullish flag patten in the background, which is a sign that buyers are in control. I have also found a strong impulsive move in the background, which is another sign of strength. My advice is to watch for buying opportunities. The upward targets are set at the price of $4.050 and at the price of $4.186.
Support/Resistance
$4.050 – Intraday resistance
$3.930– Intraday support
$4.050 – Objective target 1
$4.186 – 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 30M time – frame, I found that BTC broke the bullish flag patten in the background, which is a sign that buyers are in control. I have also found a strong impulsive move in the background, which is another sign of strength. My advice is to watch for buying opportunities. The upward targets are set at the price of $4.050 and at the price of $4.186.
Support/Resistance
$4.050 – Intraday resistance
$3.930– Intraday support
$4.050 – Objective target 1
$4.186 – 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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