Bitcoin testing key support level
Bitcoin is currently moving within a key support/resistance level.
It's very likely that 7800 $ is going to fail as a support, forcing Bitcoin towards the next key zone, which would be around 7150$-6900$ (0.786 Retracement + Trendline from March 2k17).
Stoch RSI indicates further downwards momentum.
If the afore mentioned support fails yet again, it's likely that Bitcoin is going to test 5.800$.
It's very likely that 7800 $ is going to fail as a support, forcing Bitcoin towards the next key zone, which would be around 7150$-6900$ (0.786 Retracement + Trendline from March 2k17).
Stoch RSI indicates further downwards momentum.
If the afore mentioned support fails yet again, it's likely that Bitcoin is going to test 5.800$.
Note
Bitcoin falling towards 7k$ for sure now.Note
We're touching the trendline. A daily close below this one would be a huge shorting signalNote
Check my new idea:
Note
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.