Bitcoin (BTC) Technical Analysis 11 July 2018 - The Ascending Triangle Continues
The ascending triangle that I identified days ago is still going on. The resistance at $6815 worked perfectly and now the price is going down towards $6200 that is the next important level.
I recommend to buy Bitcoin around $6200 and take your profits at $6800.
Indicators also show that $6390 is not a good price to buy Bitcoin and they suggest to sell this cryptocurrency.
Follow me: @forex-intraday
Legal Disclaimer: By viewing any material or using the information within this blog, you agree that it is general educational material and you will not hold anybody responsible for loss or damages resulting from the content provided here. Trading has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in currency markets. This article is neither a solicitation nor an offer to buy/sell any financial instrument.
Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.
Past performance is not indicative of future results.
#bitcoin #ethereum #ripple #xrp #bitcoincash #eos #litecoin #stellar #lumen #cardano #ada #iota #tether #neo #tron #monero #dash #ethereumclassic #nem #binance #binancecoin #vechain #tezos #omisego #steemit #steem #money #life #cryptocurrency #cryptocurrencies #altcoin #altcoins #trading #invesment #investments #forex #forextrading #fx #fxtrading #fxmarket #market #finance #gold #silver #commodity #commodities #stock #stocktrading #stockmarket #facebook #fb #apple #aapl #bcd #bitcoindiamond #diamond #digibyte #dgb #spx #xau #xag #usdjpy #usd #amazon #amzn
I really like your analysis and believe they are of good quality. You fill the gap that Haejin left behind. I realise there are not that many responses but please keep motivated!
Thanks a lot for your support :)