Bitcoin exchange rate forecast for October 21, 2018

in #crypto-news6 years ago

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Attempt to go to growth again led to nothing. Moreover, the soaring indicators again returned to the starting point and began to insist on the version of the downtrend. The same conclusion suggests itself when studying the volumes and position of the chart relative to the Ichimoku cloud. Price took a central position within the corridor designated by the control. The previous forecast remains valid. Moreover, looking ahead, we can say that until the price leaves these limits, new ideas are unlikely to appear, and this way against the background of minimal volatility does not promise a short life.

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Plans for the next 24 hours - minimum lift to reach the control bar. After it, the price should again try to go down, under the pressure of market apathy. If the price reaches the lower target bar of $6 350, a rebound is possible and an attempt to reach an uptrend. However, before these, at least some active movements, time will pass. News can also be shifted: but it is too difficult to predict the direction to bet on such aspects. Take action up to this point is not worth it. Waiting is the only tactic at the moment.

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ATTENTION! This article cannot be considered as investment advice! Always remember that investments in cryptocurrencies are associated with increased risk and any investment should be approached very carefully. Just pay your attention that the responsibility for making a decision lies only with you. Please consider all these risks when evaluating cryptocurrency-related investments. Invest in cryptocurrency only the money that you can afford to lose.

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