Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

0

No products in the cart.

Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

Bitcoin analysis for July 17, 2018

July 17, 2018 Analytics

[ad_1]

analytics5b4daa2e05f44.png

Trading recommendations:

Recently, Bitcoin has been trading upwards. As I expected, the price tested the level of $6.718. According to the H1 time – frame, I found strong demand on the market and potential running flat correction, which is a sign of strength. My advice is to watch for potential buying opportunities. The upward target and key resistance is set at the price of $6.772.

$6.718 – Intraday resistance; $6.541 – Intraday support; $6.772 – Objective target;

With InstaForex, you can earn on cryptocurrency’s movements right now. Just open a deal in your MetaTrader4. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

The material has been provided by InstaForex Company – www.instaforex.com

[ad_2]

Source link

Write a comment