Bitcoin Trading Idea 31/03/2018
The negative momentum in the cryptocurrency industry is not slowing down by any means. It is evident some people are trying to push the price of all cryptocurrencies down for quite some time to come. As of right now, we are looking at a Bitcoin price which struggles to remain above $7,100.
It seems there is no stable support level as of right now, which may effectively push the Bitcoin price well around $6000 in the near future.
On 4H Chart, We can see btc price rejected multiple time to touch this trend line without touching the double bottom support. 30M,1H,4H RSI already overbought & now seems to be curving down right now. To make a good & healthy turn into price btc may test $6000, however before reaching that level btc could fluctuate either in large scale or small..
#TradeAtYourOwnRisk #ThisIsNotFinancialAdvice
TeamCryptoAdviser
It seems there is no stable support level as of right now, which may effectively push the Bitcoin price well around $6000 in the near future.
On 4H Chart, We can see btc price rejected multiple time to touch this trend line without touching the double bottom support. 30M,1H,4H RSI already overbought & now seems to be curving down right now. To make a good & healthy turn into price btc may test $6000, however before reaching that level btc could fluctuate either in large scale or small..
#TradeAtYourOwnRisk #ThisIsNotFinancialAdvice
TeamCryptoAdviser
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