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 12, 2018

September 12, 2018 Analytics

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Trading recommendations:

According to the H1 time – frame, I found that price broke the support trendline in the background, which is a sign that buying looks risky. I also found a potential end of the upward correction (abc running flat) in the background, which is another sign of weakness. Watch for selling opportunities. 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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