Educational BTC Update – 2019/09/25 – 18:15 PM

Hi members,
The market is volatile at the moment in the bearish side, this is the reason why we don’t call anything during the last month, we don’t want to put our gain in a risky position.
For the moment we continue the descending triangle. We can see two colors in the chart. These triangles represente the two zones of support before another drop. We can expect a bounce back from the supports and return test the trendline of the descending triangle or the resistance from the blue zone. But if the the price of the Bitcoin go below the MA 200 and the Red support zone, we can expect another big drop. Stay tune for the next analyse.

Leave a Reply

Your email address will not be published. Required fields are marked *

Your Rating:05

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Thanks for submitting your comment!