Hello, Traders!
Monfex is at your service and today we overview BTC/USD.
Bitcoin unexpectedly grew 15% + and thereby formed a bearish divergence on the chart and met with resistance ~$8800. Wait some rebound and consolidation at the level of $ 8100-8300, which is the immediate goal.
This is not very similar to a reversal formation, rather intimidation of bears.
BTC touched MA200 at 1D chart.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. 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 and today we overview BTC/USD.
Bitcoin unexpectedly grew 15% + and thereby formed a bearish divergence on the chart and met with resistance ~$8800. Wait some rebound and consolidation at the level of $ 8100-8300, which is the immediate goal.
This is not very similar to a reversal formation, rather intimidation of bears.
BTC touched MA200 at 1D chart.
- Supposed(danger) Trade Signal by BTC/USD
Sell near $8600
- Take profit ~ $8200
- Stop loss at $8810
- Market Cap
$154 053 953 034
- Volume (24h)
$25 906 806 820 USD
- Circulating Supply
18 012 775 BTC
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. 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.
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