BitcoinLong
BTCUSD : Technical analysis
Hi everyone ! Everybody asks : What's future for Bitcoin ?
Daily Technical Analysis : :
Let me show you a simple daily technical analysis for Bitcoin.
Price is inside the neutral Area, more exactly between two levels of resistance - $4200 - and support - $3300.
We'll used a range trading strategy actually in daily. Typically, two technicals targets are there with breakout strategy for the next weeks :
Buy : TP1 at $4400 if price breakouts by upside box in weekly.We must see up of the down channel, so the SMA200. Therefore, TP2 at $6000.
Sell : TP1 at 3300 if price breakdowns the great support level, we can see a TP2 at $1900.
Wait and see..
Daily Technical Analysis : :
Let me show you a simple daily technical analysis for Bitcoin.
Price is inside the neutral Area, more exactly between two levels of resistance - $4200 - and support - $3300.
We'll used a range trading strategy actually in daily. Typically, two technicals targets are there with breakout strategy for the next weeks :
Buy : TP1 at $4400 if price breakouts by upside box in weekly.We must see up of the down channel, so the SMA200. Therefore, TP2 at $6000.
Sell : TP1 at 3300 if price breakdowns the great support level, we can see a TP2 at $1900.
Wait and see..
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