BITCOIN Analysis for September 14, 2018

Trading 14 sept 2018 Donner votre avis

Bitcoin has gained quite impulsively yesterday which led the price above $6,500 but with a weak momentum. The bullish pressure is still quite weak in comparison to the recent bearish pressure. However, a daily close above the dynamic level of 20 EMA, holding BTC price as resistance, is expected to provide the required pressure for the upcoming bullish momentum with a target towards $8,000. As the price remains above $6,000 area with a daily close, the bullish bias is expected to continue further in the coming days.

SUPPORT: 6000, 6500

RESISTANCE: 7500, 8000

BIAS: BULLISH

MOMENTUM: IMPULSIVE

analytics5b9b73b0e65f0.png

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