Daily Focus: BTCUSD (23/8/2017)

in bitcoin •  7 years ago  (edited)

Trading analysis on Bitcoin, giving you a clear view on how to go about trading this digital coin.

Following yesterdays analysis on BTCUSD:

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  • 1st price break at $3986 TL (Trendline) - Buy entry initiated
  • 2nd price break at $4128 resistance zone - Buy entry initiated
  • Trade exit at $4366 being the next resistance zone alternatively you closing a position of your initial investment with profit and moving your exit few points above the $4128 second entry.

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  • For sell positions, best recommendation for now is watch for break of the $3793 support & trendlines of the market.

Also Be Sure To Check My Last Article By Clicking The Image Below :)

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7 years ago by

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