Audience: Trader
Risk Amount: .05% to 1.5%
Entry Price(s): 8700
Risk to Reward Ratio: 2.5
Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: BTC
Description: Bitcoin
Type of Analysis: Technical
Source of Analysis: Price Action 2 Hour Candlestick
Trend Analysis: Downtrending
Trend Velocity: Negative acceleration
Current Price: 8720
5 Day Forecast: Below 8450
Price Range : 8800 resistance and 8450 support.
Conclusion: Lower Highs and Lowe Lows for BTC and the Altcoins will follow.
Risk Amount: .05% to 1.5%
Entry Price(s): 8700
Risk to Reward Ratio: 2.5
Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: BTC
Description: Bitcoin
Type of Analysis: Technical
Source of Analysis: Price Action 2 Hour Candlestick
Trend Analysis: Downtrending
Trend Velocity: Negative acceleration
Current Price: 8720
5 Day Forecast: Below 8450
Price Range : 8800 resistance and 8450 support.
Conclusion: Lower Highs and Lowe Lows for BTC and the Altcoins will follow.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.