Bitcoin analysis for October 09, 2018
According to the H1 time – frame, I found that Bitcoin is in a consolidation phase for the short term. My advice is to watch for a breakout of the resistance trendline to confirm further upward continuation. The take profit levels are set at the price of $6.659 and at the price of $6.750.
$6.617 – Intraday resistance
$6.505– Intraday support
$6.659 – Objective target 1
$6.750 – Objective target 2
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