Hello Buddies, As you can see, ETP has reached its solid support again, and it has provided a big opportunity for a short-term trade. The first and immediate target would be around 0.00004 BTC, which gives you more than 25% profit.
As can be seen from the chart, Bitcoin has hit its historical Support area and regarding the divergence in RSI, it seems that it's ready for another huge bullish move. In addition, a closer look at BTCSHORT&LONG diagram reveals that there has been a marked increase in LONGS positions. Overall, this could be a big opportunity for new investments.
As can be seen from the chart, Bitcoin has been forming a triangle pattern since June. In such circumstances it has two option: if it breaks the upper edge and passes the 11000$ level successfully it will reach a peak around 13K price area. On the other hand, if it breaks the lower edge it will see 7500-8000$ and get support there for further...
As you can see in the chart all historical major trend lines were shown. Price just has two choices and it's going to select the following direction. if it crosses the red line successfully it will break out the head & shoulders neckline and go to the 1470-1500$ price area. the next target for this situation is the 1600-1650$ price area as the head &...