Hello, Traders!
Monfex is at your service and today we overview BTC/USD.
Everyone is waiting for the breakdown of the resistance line, but we are still under it and on the weekly chart we can see how the price met with MA20.
In both charts, the bullish formations of the flag and the pennant are also clearly visible.
By breakout the last support zone of this local growth we can target to the last global support zone.
By breakout the resistance line we will target ~ $12000 locally, and globally remember about $20000.
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.
Everyone is waiting for the breakdown of the resistance line, but we are still under it and on the weekly chart we can see how the price met with MA20.
In both charts, the bullish formations of the flag and the pennant are also clearly visible.
By breakout the last support zone of this local growth we can target to the last global support zone.
By breakout the resistance line we will target ~ $12000 locally, and globally remember about $20000.
- The resistance zone ~ $9700
- The last support zone for the local growth ~ $8800-8655
- The local support zone ~ $9150
- The last global support zone ~ $7680-7300
- Market Cap
$167 085 237 685 USD
- Volume (24h)
$28 336 398 822 USD
- Circulating Supply
18 030 087 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.
Comment:
Trade active:
1D Bitcoin chart
Trade active:
touch support zone with support of this small descending line
Comment:
