Permanecer 
Condiciones de negociación
Products
Herramientas
Technical outlook:
Bitcoin might have carved a meaningful bottom around $31,000 mark early in this week. The crypto seems to have found support right at the trend line ad has bounced higher towards the $37,500 levels. If bulls are able to break above $39,500 initial resistance, it would be confirmed that Bitcoin is now headed towards higher levels.
Bitcoin is seen to be trading around $37,500 levels at this point in writing and might turn lower from here if it is unable to break above $39,500 resistance. Immediate resistance is seen at $39,500, while support comes in around $31,000 respectively. Traders are advised to exercise caution for now and allow reaction at $39,500 resistance.
On the flip side, the recent rally could be seen just as a pullback of the earlier drop between $39,500 and $31,000 levels respectively. If correct, a bearish turn cannot be ruled out from current levels, dragging Bitcoin to lower levels around $28,000 at least. Aggressive traders might initiate fresh short positions here.
Trading plan:
Aggressive: Remain short again, stop @ 39500, target is $28000
Conservative: Remain flat for now and allow a break above $39500 to buy on dips.
Good luck!
¡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.
