Bitcoin analysis for August 22, 2018
According to the H1 time – frame, I found the breakout of the neckline (HSS pattern), which is a sign that buyers are in control. The good support (previous high) is set at the price of $6.588. My advice is to watch for buying opportunities near the support with the upward targets at the price of $6.867 and at the price of $7.269 (HSS projected target).
$6.867 – Intraday resistance
$6.588– Intraday support
$6.867 – Objective target 1
$7.269 – Objective target 2
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