Hi, Traders ! Monfex is on the air !
Bitcoin boosts the price action within the expanding triangle and could soon touch its upper bound at $9,000 - $9,300.
* Bitcoin resides just under the 21EMA, breaking above which opens prospects to the expected target level of $9,000 - $9,300.
* The upper band of the recent formation - an expanding triangle - is accurately aligned with the bottom of the broken long-term triangle outlined by red trend-lines.
* Hence, the Resistance at $9,300 appears the strongest on the long-term price chart.
* MACD is expanding into the positive territory signalling that the bullish momentum keeps up.
Active trade signal
Buy @ $8,100 - $8,200
Target: $9,000 - $9,300.
Stop-loss: $7,777.
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.
Bitcoin boosts the price action within the expanding triangle and could soon touch its upper bound at $9,000 - $9,300.
* Bitcoin resides just under the 21EMA, breaking above which opens prospects to the expected target level of $9,000 - $9,300.
* The upper band of the recent formation - an expanding triangle - is accurately aligned with the bottom of the broken long-term triangle outlined by red trend-lines.
* Hence, the Resistance at $9,300 appears the strongest on the long-term price chart.
* MACD is expanding into the positive territory signalling that the bullish momentum keeps up.
Active trade signal
Buy @ $8,100 - $8,200
Target: $9,000 - $9,300.
Stop-loss: $7,777.
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.
