Condiciones de negociación
Products
Herramientas
The Bitcoin (BTC) has been trading downwards. As I expected, the price tested the level of $8.201. On Monday, the blockchain research and development firm, Nchain, announced the acquisition of a majority stake in the Bitcoin Cash-centric startup Handcash. The Handcash platform allows users to send BCH in a contactless manner using near field communication (NFC) technology. The technical picture on Bitcoin looks bearish.
Trading recommendations:
According to the H1 time - frame, I found that price broke the support trendline in the background, which is a sign that sellers are in control. I also found a breakout of intraday bearish flag, which is another sign of weakness. Watch for selling opportunities. The downward target is set at the price of $7.903.
Support/Resistance
$8.320 – Intraday resistance
$8.136– Intraday support
$7.900– Objective target
With InstaForex you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.