Mastex

BTC Daily Chart Review

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Hello Traders,

After a long time, BTC caught the beautiful rises the last few days. For now, let's wait for the top band to break upwards, as indicated by the red line. The break point of this upper band is equivalent to $ 7,100 in our daily chart . Breaking the top band can give us nice signals for the ascents. On the lower side, the downward bending of the band we have indicated with the green line can bring us to $ 4,800 levels in the first place.

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