Thursday, August 9, 2018

Chart Paint Louder Than Words No. 7 - Bitcoin / US Dollar (BTC/USD)

Chart Paint Louder Than Words No. 9 - August 9, 2018
Cryptocurrency
Bitcoin / US Dollar (BTC/USD)
Last Price: 6357


Technical Analysis:
- Trendline Retest

Trading Plan:
- Recommendation : Buy at Current Price or Lower
- Target Price (1 - 8,800
) (2- 10,500) (3 - 13,200)
- Stop Loss : Below 5600
- Resistance levels are at 6875, 7500 and 8100.
- Support levels are  at 6250, 5900 and 5600.



DISCLAIMER
 As always, it is essential that anyone using my analysis for trading advice manages risk carefully. Trading is about probabilities, not certainties. Accept that my analysis may be wrong. It is impossible for any analyst to predict with certainty what a market will do next.

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