Main Quotes Calendar Forum
flag

FX.co ★ Bitcoin analysis for August 22, 2018

parent
Crypto Analysis:::2018-08-22T10:08:45

Bitcoin analysis for August 22, 2018

Bitcoin analysis for August 22, 2018

Trading recommendations:

According to the H1 time - frame, I found the breakout of the neckline (HSS pattern), which is a sign that buyers are in control. The good support (previous high) is set at the price of $6.588. My advice is to watch for buying opportunities near the support with the upward targets at the price of $6.867 and at the price of $7.269 (HSS projected target).

Support/Resistance

$6.867 – Intraday resistance

$6.588– Intraday support

$6.867 – Objective target 1

$7.269 – Objective target 2

With InstaForex you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...