empty
 
 
18.09.2019 04:25 PM
BTC 09.19.2019 - Broken Pitchfork trendline, more downside yet to come

Bitcoin has been trading downwards since our last forecast exactly what I expected. BTC did test the level of $10,058 Anyway, the downward channel is in control and do expect more downside on the Bitcoin and potential test of $9,850.

This image is no longer relevant

Downward purple lines – Downward channel

Yellow rectangle – Support level and potential downward target

Falling purple line – Expected path

My advice is still to watch potential selling opportunities on the BTC due because the downward channel is still in control and new selling is expected. I found the breakout of the larger Pitchfork upward channel, which is another confirmation of the downward movement. Selling opportunities are preferable with the target at $9,850 and $9,600 and stop at $10,550. I do expect larger volatility due to FOMC meeting minutes today.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $9000 lebih lagi!
    Dalam Mei kami membuat cabutan bertuah $9000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget