BTC 2019.11.07 (Audience: Trader)
Audience: Trader
Risk Amount: None. Notice served.
Entry Price(s): None. Noticed served.
Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: BTC
Description: Bitcoin
Type of Analysis: Technical
Source of Analysis: Price Action 2 Hour Candlestick
Trend Analysis: Consolidation
Trend Velocity: Pause of Negative acceleration with a possible resumption in velocity
Current Price: 9244
5 Day Forecast: None
Price Range : 9366 resistance and 9088 support.
Conclusion: Observe the current price action and stalk the security. Failure to break above 9366 would provide an opportunity for price entry to short BTCUSD again and reattempt a penetration below 9088. It is likely BTC may not reach 9366 and find resistance at 9300 and if that be the case a following update will follow. Notice served.
Risk Amount: None. Notice served.
Entry Price(s): None. Noticed served.
Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: BTC
Description: Bitcoin
Type of Analysis: Technical
Source of Analysis: Price Action 2 Hour Candlestick
Trend Analysis: Consolidation
Trend Velocity: Pause of Negative acceleration with a possible resumption in velocity
Current Price: 9244
5 Day Forecast: None
Price Range : 9366 resistance and 9088 support.
Conclusion: Observe the current price action and stalk the security. Failure to break above 9366 would provide an opportunity for price entry to short BTCUSD again and reattempt a penetration below 9088. It is likely BTC may not reach 9366 and find resistance at 9300 and if that be the case a following update will follow. Notice served.
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