How to trade bitcoin on the coming days!!

in bitcoin •  7 years ago 

The price breaks the strong support zone formed by the uptrend line and 10000.00 support level . MACD and DMI confirm further falling. RSI drops to the oversold zone. Probably the market will be reversed at one of the possible support zones. The 1st zone is formed by the bottom line of the descending price channel and 8000.00 support level . If the price drops below, the 2nd support zone will be at the uptrend line. These 2 support zones will be good for buying based on confirmed reversal signals.

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As said before, it will continue falling, as we see the trend there is a big panic by holders which will make #Bitcoin fall in price more.