Bitcoin: short road to $9000

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello, Traders!
Monfex is at your service and today we overview Bitcoin .

Now we see clear falling wedge inside this descending channel , and a triple bullish divergence by RSI that can push the price to the resistance zone and main trading volume range.

  • The resistance zone ~ $9000-9100
  • The support zone ~ $8665-8500

    Supposed Trade Signal by BTC/USD
  • Buy near $8600-8500
  • Take profit ~ $9000
  • Stop loss at $8435

  • Market Cap
    $157 583 137 620 USD
  • Volume (24h)
    $19 403 351 417 USD
  • Circulating Supply
    18 043 475 BTC

Share your thoughts, ideas about the market under the chart.

Watch for our Updates to be the first who gets well-timed signals !


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.
Nov 12
Do your ideas apply for BTCGBP also?
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out