According to the Daily time – frame, I found that BTC finally managed to get out of the 12-day balance and confirm further downward movement. My advice is to watch for selling opportunities due to strong momentum on the downside. The downward target is set at the price of $6.318.
Support/Resistance
$6.138 – Objective target
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 Daily time – frame, I found that BTC finally managed to get out of the 12-day balance and confirm further downward movement. My advice is to watch for selling opportunities due to strong momentum on the downside. The downward target is set at the price of $6.318.
Support/Resistance
$6.138 – Objective target
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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