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SuperForex
Aug 30, 2018 8:26 AM

Could not get over Short

Bitcoin / DollarBitfinex

Description

The price could not overcome the level of 7.100 and moved away from this level. At the moment, technical indicators point to a sale and the price is approaching the middle of Bollinger Bands. We believe that in case of transition to the lower zone, the price will continue the downward movement.

Support levels remain the same and even in the case of further growth, the current correction should be implemented. Therefore, we advise you to look for points to enter short positions with points for exit at the support levels of 6.600 - 6.800.
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