24.04.201909:31 Forex Analysis & Reviews: Bitcoin. Bearish signal for the correction of Bitcoin

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

Another large wave of Bitcoin growth allowed reaching the resistance level of 5670, but a bearish divergence is formed on the MACD indicator. This suggests that the rate in the near future will either remain in the side channel, or a downward correction will be formed. Therefore, I do not recommend to hurry with the purchase at the current levels.

Signal to buy Bitcoin (BTC):

Now, a new signal for buying will be the formation of a false breakdown in the support area of 5520, as it was yesterday, or a rebound from a larger minimum in the area of 5400 and 5220. The main task of the bulls for today will be to hold the support level of 5520, as well as a breakthrough and consolidation above 5660, which will resume the upward trend and lead to an update of the highs in the region of 5880 and 6000 USD, where I recommend taking profits.

Signal to sell Bitcoin (BTC):

The bears' task for today will be to return and consolidate under the intermediate support level of 5520, which will lead to a larger downward correction to the level of 5400 and 5220, where I recommend taking profits. The formation of a false breakout with the update of yesterday's high around 5660 and confirmation of this false breakout by divergence on the MACD indicator will also be a good signal to open short positions in Bitcoin. Otherwise, you can sell on a rebound from 5880.

Voltar a lista

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Ganhe com as variações das taxas das criptomoedas com a InstaForex.

Baixe o MetaTrader 4 e abra a sua primeira operação.