Moiseiev_Yurii

BITCOIN price trades in Triangle Between Support and Resistance

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Hi friends, here my daily analytics for Bitcoin price.

Reasons:
- Price now trades in 4th correction wave
- Price trades in Local Uptrend
- Price trades in small Triangle
- Price trades between Resistance and Support Levels
- Current Support Level is 6650 $
- Current Resistance Level is 6950 $
- Price can create 5th wave upward if will break Resistance level 6950 $
- To open long after breakout of resistance level
- Always do your own research before opening positions and always put SL

If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
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Comments

Jekr
Reply
you made good analysis) it's my btc analysis
Reply
your work is good) it's my btc analysis
+1 Reply
Good Analysis!
Please tell what you think on my new idea on Bitcoin
Reply
That's a great short-term analysis. Here's a longer-term view of where I think its heading in its ups and downs.

Reply


Agree with your idea, similar like me
+1 Reply
100% agree with you on this
Reply
very cool idea today, keep it up bro...
+5 Reply
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