TrevorSoh

BTC current trading price range

TrevorSoh Updated   
COINBASE:BTCUSD   Bitcoin
For now, the BTC trading price range is at $6116 as the support and $6781 as the resistance. Cross-referencing the current price of BTC against stochastic. It is most likely that BTC would bounce back at $6116 and then hit the resistance at $6781. For now, we are unable to tell whether BTC would break through the resistance of $6781 as only further analysis would tell when the price of BTC gets near to the resistance. So be sure to be up to date whenever updates are posted!
For now, it is a great time to go long if you are doing swing trading. However, always remember to put your stop losses!

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Comment:
If you guys are wondering what stage is BTC in from the stages of a moon, it is clear that BTC is currently in the accumulation period as the price of BTC trades steadily at the price of $6000-$6800. Before it breaks the $7000 price range, expect BTC to be traded in the $6000 price range.
I was also wondering whether creating a telegram group for you all to join to receive news about the latest market analysis would be a good idea. Do comment about how you feel about it and if the overall response is positive, I will surely do so!
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