Weekend Update of Bitcoin by Monfex
Updated
Hi, Traders ! Monfex is at your service !
Please find below our Weekend Update of Bitcoin:
* Bitcoin is narrowed within the consolidation trading range between $7,700 and $8,500.
* Market forces are balanced out and the volatility is extremely low.
* RSI is very close to the oversold condition, but still neutral.
* It is better to wait until the price hits one of the range's boundaries and then trigger a trade.
Short-term trade signal
Buy @$7,700 - 8,000.
Target: $8,500.
Stop-loss: $7,600.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Please find below our Weekend Update of Bitcoin:
* Bitcoin is narrowed within the consolidation trading range between $7,700 and $8,500.
* Market forces are balanced out and the volatility is extremely low.
* RSI is very close to the oversold condition, but still neutral.
* It is better to wait until the price hits one of the range's boundaries and then trigger a trade.
Short-term trade signal
Buy @$7,700 - 8,000.
Target: $8,500.
Stop-loss: $7,600.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Note
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