Express-analysis of BTC/USD. Exchange "Bitfinex"

in #bitcointradingresearch5 years ago (edited)

Hello, gentlemen..

"Bitfinex", timeframe 6 hours.

Screenshot

Lines 1 and 2 are the main support and resistance.
Line 3 - local support.
Time spent in the yellow triangle - no more than 3 days.
The probability of falling prices after leaving the yellow corner - 70%. (The reason - too high a price to start growing)
The probability of growth after leaving the yellow corner - 30%. ( Reason - five days ago the price exceeded line 2)
Conclusion - on the exchange "BITFENIX", the price of bitcoin can reach $ 5250. If this happens, it is best to fix the profit and wait for further developments in dollars.

Good luck!
The @upvoteinvest team
A formal disclaimer
Some of the posts might contain our opinion on trading strategies based on our technical and fundamental knowledge. However, please, invest at your own risk. We can’t be held responsible for any losses.