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MKS_ARA
Nov 6, 2019 6:35 PM

BTC 2019.11.06 (Audience: Trader) Short

Bitcoin / DollarBitfinex

Description

Audience: Trader
Risk Amount: .05% to 1.5%
Entry Price(s): 9275

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: Long Term Consolidation
Trend Velocity: Positive Deceleration with a strong sign Negative acceleration
Current Price: 9295
5 Day Forecast: Below 9100
Price Range : 9500 resistance and 9088 support.

Conclusion: A retest of 9100 and lower is likely.
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