Bitcoin Up or Down?

2. Okt. 2018

Bitcoin is moving towards the 6662 resistance level which was tested a few times already. Stochastic is pointing up. A break above this resistance level could take the price to next resistance level - 6802. Looking at the alternative scenario, if the price break below the upward trend line, 6500 might be retested.

3. Okt. 2018

Trade geschlossen: Ziel wurde erreicht

Yesterday we discussed two scenarious. In case of a break above 6662, our target was 6802,and in case of a break below the upward trend line, our target was 6500. Looking at the current graph our downward scenario was triggered with the break of the trend line and our target (6500) was hit. Enjoy!