Bitcoin BTC/USD are traded at the level of 6379 and continue to move within the framework of the «Triangle» model development. Capitalization of cryptocurrency at the time of publication of the forecast is $111 533 021 720. At this point, we should expect a test of the support level near the area of 6320. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 6750.
Bitcoin forecast & technical analysis September 14, 2018
In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator of relative strength index (RSI), as well as the test of the broken border of the model «Triangle». The abolition of the growth option for Bitcoin will be the fall and breakdown of the 6200 area, which will indicate the breakdown of the support area and the continued decline in the Bitcoin exchange rate. With the breakdown of the resistance area and the closing of the quotes of the cryptocurrency above the level of 6500, one should expect confirmation of the development of the growth option for the digital asset rate.
Bitcoin forecast & technical analysis September 14, 2018 involves trying to test the support level near the 6320 area and continuing the growth of the cryptocurrency with a potential target at 6750, an additional signal for the growth of the Bitcoin rate will be a trend line test on the relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
