Short Term Analysis (4hrs Chart) BTC / USD COINBASE:

in bitcoin •  6 years ago 

My plan for these next days in the BTC / USD pair will be as follows: with the formation of a small hammer,

After that fall of almost $ 600, I see a small recovery, in which we can make a profit

about $ 450 approximately, it's not much but it's better than nothing, my idea is with the formation of the hammer, which

I would confirm an uptrend, I would buy BTC between 6,180 to 6,200 $, for an exit at 6,650 $, placing the

Stop Loss at $ 5,900, I honestly do not see that bitcoin reaches below $ 5,800, in recent months it has

I was able to keep above $ 5,800 (it has a great resistance there). Bitcoin lately repeats patterns, like

way we should be alert to any news that may cause an effect on it, either positive or negative.

                                                                                                                                                

Some data of the Graphic:

Time: 4 hours

Par: BTC / USD Coinbase

Date: 11/10/2018

Technical analysis


* It's not investment advice, it's just an idea. regards.*

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