Bitcoin BTC/USD are traded at the level of 7756 and continue to move within the framework of growth. At this point, we should expect an attempt to rebound from the resistance level and fall to the lower boundary of the uplink near the 7400 level.
BITCOIN forecast & technical analysis November 17, 2017
Again, we expect a rebound and the continued growth of BITCOIN exchange rate with a target above 8200. In favor of falling quotes, BTC USD is a resistance line test at indicator of relative strength index (RSI), as well as the formation of a reversal model on the indicator RSI. The abolition of the reduction option will be a strong growth and breakdown of the area 7800, which will indicate the continuation of the growth of BTC/USD above the level of 8200.
BITCOIN forecast & technical analysis November 17, 2017 assumes an attempt to test the lower border of the channel near the 7400 level and continue the growth in the area above the level of 8200, an additional signal in favor of BITCOIN decline is the resistance line test on the relative strength indicator (RSI).
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