Audience: Trader
Risk Amount: .05% to 1.5%
Entry Price(s): 8700
Risk to Reward Ratio: 2.5
Publication: Free Analysis (Promotional)
Author: www.MKSara.com
Ticker: BTC
Description: Bitcoin
Type of Analysis: Technical
Source of Analysis: Price Action 2 Hour Candlestick
Trend Analysis: Downtrending
Trend Velocity: Negative acceleration
Current Price: 8720
5 Day Forecast: Below 8450
Price Range : 8800 resistance and 8450 support.
Conclusion: Lower Highs and Lowe Lows for BTC and the Altcoins will follow.
Risk Amount: .05% to 1.5%
Entry Price(s): 8700
Risk to Reward Ratio: 2.5
Publication: Free Analysis (Promotional)
Author: www.MKSara.com
Ticker: BTC
Description: Bitcoin
Type of Analysis: Technical
Source of Analysis: Price Action 2 Hour Candlestick
Trend Analysis: Downtrending
Trend Velocity: Negative acceleration
Current Price: 8720
5 Day Forecast: Below 8450
Price Range : 8800 resistance and 8450 support.
Conclusion: Lower Highs and Lowe Lows for BTC and the Altcoins will follow.