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Monday, August 6, 2018

|>> New Crypto Analysis by FX for Dummies August 06, 2018 at 10:06AM :

" šŸ“Š Bitcoin price succeeded to achieve our first waited target at 7100.00, and it showed more negative trades, organized inside the bearish channel that appears on the chart, showing some bullish bias now to test this channel’s resistance, accompanied by stochastic losing the positive momentum on the four hours’ time frame. Therefore, we believe that the chances are valid to rebound bearishly and resume the main bearish trend, which its next target located at 6500.00, noting that breaching 7200.00 will push the price to achieve more gains that reach 7800.00 before determining the next destination clearly. Expected trading range for today is between 6500.00 support and 7600.00 resistance Expected trend for today: Bearish "

 

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