Hi, Traders !
Monfex is at your service !
Bitcoin is consolidating before the next impulse up. Watch our signal to be aware of how to react !
* The price has temporarily entered the consolidation area from the upside and seems to gaining more power before making a huge jump to well above $9,000.
* Bears have lost short-term momentum, so any positive trigger may cause Bulls running up the tops.
* RSI is in a neutral position, but walked away from the oversold territory and now heading North.
* Depending on the power of bullish momentum we will see if the price has enough energy to overrun $9,400 - $9,700 Resistance zone and completely devastate Bears.
Active trade signal
Buy @$8,000 - $8,200.
Target: $9,400 - $9,700.
Stop-loss: $7,600.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
If you agree with this analysis, then Like it and visit my page! This will be the best feedback and encouragement for me!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service !
Bitcoin is consolidating before the next impulse up. Watch our signal to be aware of how to react !
* The price has temporarily entered the consolidation area from the upside and seems to gaining more power before making a huge jump to well above $9,000.
* Bears have lost short-term momentum, so any positive trigger may cause Bulls running up the tops.
* RSI is in a neutral position, but walked away from the oversold territory and now heading North.
* Depending on the power of bullish momentum we will see if the price has enough energy to overrun $9,400 - $9,700 Resistance zone and completely devastate Bears.
Active trade signal
Buy @$8,000 - $8,200.
Target: $9,400 - $9,700.
Stop-loss: $7,600.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
If you agree with this analysis, then Like it and visit my page! This will be the best feedback and encouragement for me!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
