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 September 11, 2018

September 11, 2018 Analytics

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Trading recommendations:

According to the H1 time – frame, I found a potential end of the upward correction (running flat abc) in the background, which is a sign that buying looks risky. I also found a potential end of the smaller abc upward correction, which is another sign of weakness. Watch for a breakout of the support trendline to confirm further downward continuation. The downward target is set at the price of $5.847.

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

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