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RE: Bitcoin (BTC) Short Trade #2: Profit 7.85% as shown in Real Time on Bitcoin.Live

in #haejin6 years ago

Our view of it is neutral due to non-trading in a specific direction where the break of the bullish trend line is not confirmed on the hourly interval.
The (ADX) indicator is currently neutral.
The 20 SMA is currently neutral as a result of overlapping with the movement of the coded currency.
Momentum Relative Strength 14 is trading in a bearish direction that is in weakness due to the failure of a break of 30 pips.
Outlook:

It is expected that, in the event of breakout, the $ 3543 zones may target areas of $ 3,615.
While, in the case of breaking the bitcoin areas $ 3466 the encoded currency may target $ 3083 target of the symmetrical triangle classic model.
Support: 3376 - 3252 - 3108
Resistance: 3543 - 3657 - 3807

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