Monfex

Bitcoin under the pressure!

Short
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BITSTAMP:BTCUSD   Bitcoin
Hello, Traders!
Monfex is at your service and today we overview BTC/USD.

Bitcoin short-term TA conclusion:

It has a great impulse, and correction in the descending channel . Now BTC is moving in the small triangle that can outcome to the resistance line and MA100 with bounce down from it or breakdown and go to the line below more faster.

Share your thoughts, ideas about the market under the chart.

GOOD LUCK AND LOTS OF PROFITS !!

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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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