Skyrex

BITBBTC Break through reverse resistance

Long
Skyrex Updated   
BITTREX:BITBBTC   None
At the 1-hour time frame the price is in the oversold zone. DMI shows low volatility and standard deviation, this means there is a low probability of breakdown.

It can be seen the price broke through Fib 0.786 which is around 0.00000033 and volume grows. This level acts like a support now.

We recommend this trading opportunity in the short term. Free target, buy zone and stop loss is at the chart
Comment:
#BITB

Touched Fib 0.618 which is near 0.00000035, the price is in the buy zone again

Skyrex.io is an AI-powered platform designed to make professional-level trading effortless and accessible for everyone

Access free SmartTrade terminal and automated AI bot at app.skyrex.io
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.