Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

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Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

Bitcoin analysis for October 29, 2018

October 29, 2018 Analytics

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Trading recommendations:

According to the Daily time – frame, I found that BTC finally managed to get out of the 12-day balance and confirm further downward movement. My advice is to watch for selling opportunities due to strong momentum on the downside. The downward target is set at the price of $6.318.

Support/Resistance

$6.138 – Objective target

With InstaForex you can earn on cryptocurrency’s movements right now. Just open a deal in your MetaTrader4.

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

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