BTC –

Wave Analysis

In the recent past, Bitcoin established a support around the lower trendline and is still pretty much above this level. Unless the price clearly breaks below this trendline, we expect nothing but a possible momentum to the upperside. Ideally, we expect a possible rebound from the lower trendline to pick a long term long position with an ultimate target along the upper trendline. And on the other side, should the price break below the immediate trendine, then this will be ideal place to look for along term short position.

Trade Recommendations:

We’re waiting for a buy from the lower trendline.

101% Double the volume

!Attention!
All bonus participates in drawdown!

FreshForex cancels commissions!

You may check other analytical reviews on FreshForex website. Source: freshforex.com.

By admin