Bitcoin BTC/USD completes the trading week near the area of 3084. Cryptocurrency traded through the Cloud of the indicator down and is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test of the broken border is expected Cloud of the indicator near the level of 3150, from which one should expect a rebound attempt and continue falling with the target near the level of 1950.
Bitcoin weekly forecast on September 18 — 22, 2017
An additional signal in favor of the drop of the cryptocurrency will be the test of the lower boundary of the bullish channel. Earlier, a weak signal was received for the sale of Bitcoin cryptocurrency due to the crossing of signal lines at the level of 4270. The cancellation of the variant of Bitcoin quotations drop will be a breakdown of the upper boundary level the indicator Cloud and the closing above 3850, which indicates the change of the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotations BTC/USD is with the breakdown of the support level and the closing of the cryptocurrency below the level of 2850.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
