Bitcoin analysis for February 12, 2019

Trading 12 fév 2019 Donner votre avis

analytics5c62abf0d041c.png

Bitcoin made a successful breakout of the symmetrical triangle in the background, which is a sign that sellers took control from the buyers. As long as the price is trading below the supply trendline (white line), you should watch for selling opportunities. The key short-term support is set at the price of $3.593 (pullback low after the spike).

Trading recommendation: We are short on Bitcoin from $3.645. Targets are set at the price of $3.593 and $3.543. Protective stop is placed at $3.717.

The material has been provided by InstaForex Company - www.instaforex.com

Fatal error: Uncaught Exception: 12: REST API is deprecated for versions v2.1 and higher (12) thrown in /var/www/forex-winner.com/htdocs/wp-content/plugins/seo-facebook-comments/facebook/base_facebook.php on line 1039