ECHoldingGroup

BTCUSD Analysis by EC Crypto

BITFINEX:BTCUSD   Bitcoin
We are in a scenario where the resistances and supports play a funamental role, for today's trade we hope that we cut the resistance or support, if we cut the support we will go short until 7.8k-7.7ko if we cut the resistance we can go long , and it will be a long time because we have the BTC with several days trying to go up in price and could not.

SHORT to 7.7k to grab strength and return to play the 9k, we are very aware of the stochastic and the MA100.

Let's wait as the BTC price reacts these days, a lot of caution, let's use "stop loss" and I would recommend you use your "take profit".

Check this news:
www.ccn.com/bitcoin-...-factors-and-trends/

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.