Bitcoin Analysis | 4 June 2020 Morning | Trading in Range

in #bitcoin4 years ago

bitcoingold.jpg
04062.JPG

Bitcoin Has shown small relatively correction from its dump in 2Jun Evening, and trading currently around 9640.

As long As BTC is trading above 9240 on 4 June and 9370 on 6Jun, which is the Support trend line we will stay bullish on Bitcoin.

04063.JPG

04061.JPG

Now Checking the hourly chart for the day, we will see that Bitcoin is trading in a range from 9468 to 9694, As long as it breaks this resistance level it will become support and obtain another range.

Thank you for reading this post, help us by up-voting it's highly appreciated.
Have a good day and happy earning.
@ohamdache

------------------------------------------- DISCLAIMER ------------------------------------------
This is not a financial advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might have the wrong assumptions in some cases.

[Images Sources: Tradingview.com]

Sort:  

Very informative. Thanks for sharing

Thanks, this is very useful information. Hopefully we'll start to see more participants in the market, that will definitely help it.

Then we are good to go!

thnx for such a useful info

You're most welcome.

Congratulations @theguruasia, you successfuly trended the post shared by @ohamdache!
@ohamdache will receive 17.61364238 TRDO & @theguruasia will get 11.74242825 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Congratulations @ohamdache, your post successfully recieved 17.61364238 TRDO from below listed TRENDO callers:

@theguruasia earned : 11.74242825 TRDO curation


To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Thanks for sharing

Coin Marketplace

STEEM 0.25
TRX 0.11
JST 0.032
BTC 61275.32
ETH 2983.86
USDT 1.00
SBD 3.76