icexch

Bitcoin. There are signals, but there is no trend.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
In the previous review, we wrote about Bitcoin drawing a U-turn up.
However, $ 12,000 was never surpassed. And the rate fell below $ 10,000.
Now the trend indicators are on sale, both on the daily and weekly charts.
And the trades are at the level of the previous local minimum ($ 9,400)
Technically, everything speaks about the resumption of the fall and the appropriateness of opening short positions.
At the same time, we have a suspicion that this is another "drawn" signal. That means, there will not be a big downward movement. However, there won’t be any movement up either.
It seems that Bitcoin , like many other cryptocurrencies, is stuck in the range.
Borders are settled at $ 8000- $ 12000.
Before exiting the range, trend strategies will suffer a loss. Trading within the range is very difficult, since its borders aren’t strict and may well expand to $ 6,000- $ 14,000.
In this situation, it is preferable not to bid.

Profitable deals and follow our reviews!
Индексы криптовалют - http://icex.ch/

Оперативная информация для принятия быстрых торговых решений на канале Telegram - https://t.me/icexch
, the bat is for @Alexander_Nikitin :)
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out