futureswiggle

(20180720)-Daily futures market forecast-BTCUSD

BITFINEX:BTCUSD   Bitcoin
Hello. Traders!
Today, I'm going talk to you how the BTCUSD will move in this market.
As you know, BTC is the overall downtrend now.

Currently, the bitcoin is located in the drop channel.
However, since reaching the center line a few days ago, the price has risen towards the ceiling L1. The current bitcoin is shown as a Bull flag pattern.
If you see that price break above the flag, the price will go up to L1, which is the upper limit, and if you see the price break through the bottom of the flag, it will go down to L2, which is located above the center line.

Today's Trading Sclaping strategy.
1. If the price exceeds the upper end of the flag, I recommend you buy.
2. However, if the price exceeds the bottom of the flag, it will be more advantageous to sell because the price is very likely to fall towards L2.


Thanks for reading my post!
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