With the beginning of February 11, 2018 confirms the daily framework that the price continues so far in the descending channel, which started the price down from 17130 $ down to 6000 $ , bringing the price to a strong support area between 6,600 $ and 8000 $ , where the rebound and the price continued to rise even On February 9, 2018 and the downside trend line was hit on February 10, 2108, trying to breach the descending channel to bounce the price back down and touch the strong support area at 8000 $ which is now at 8573 $ .
A strong test now is the support area if it is breached downwards likely to reach 5500 $ .
A strong test now is the support area if it is breached downwards likely to reach 5500 $ .
Trade active:
If the price stabilizes above 9200 $ the next target will be 12,980 $