Skip to main content

Bitcoin will rebound ?

Technical analysis of #bitcoin shows that it has been stuck in the area between 10k and 11.5k . A break above 11500$ will start a bullish trend and a break below 9700$ will start a bearish trend.
So keep those limits in mind. A break above will help it continue to 14000$- 15000$ , while a break below 9700$ will clear the way to 6500$ .

So you can long at current area around 10400$ and sell if we break 9700$ with target 1400$ .
Labels:

Popular posts from this blog

storj update - 1h chart very bullish

Following up on previous analysis  for storj after breaking over bearish trend. Storj reached a high of 0.95$ , retreating back now to 0.84$ . Below is chart for 1h time frame which shows a very strong trendline coming from lows at 0.67$. A break below will be a sign of reversal, we need to keep over that line for a while to keep the bullish move running upwards. Keep following for updates... Follow me on twitter @b4borio
Post a Comment
Read more

BDC/BTC target and resistance levels

#Dbcbtc is targeting 0.0000001730 btc. It is starting to build up a bullish trend on small time frames. It will be a challenging area to break given the bearish trendline as well. Deepbrainchain is one of solid crypto projects that have a good profitable future. #Investincrypto
Post a Comment
Read more

Gbp/Usd bearish below 1.2980$

The pair broke below the rising trendline in red as shown in the chart below. It is also trading below 200 hour moving average. There is horizontal resistance at 1.2980$ area followed by 1.3080$ area. Being Short is favorable with stop loss above 1.3080$. Target should be around 1.2640$ , you can book some profits at 1.2780$.
Read more