Bitcoin BTC/USD is traded at the level of 9915. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test near the 9800 level is expected, from which it is expected to rebound and continue growth with the target close to 10650.
Bitcoin prediction & analysis BTC/USD on November 29, 2017
An additional signal in favor of the remainder of the cryptocurrency is the breakdown of the upper limit of the «Triangle» model. Earlier, a weak signal was received for the buy of Bitcoin cryptocurrency due to the intersection of signal lines at the level of 6,350. The cancellation of the variant of Bitcoin quotations growth will be the breakdown of the Ichimoku Kinko Hyo cloud bottom with the closing of quotations below the area of 8100, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations BTC/USD is with a breakdown of the level of 10000.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
