BITCOIN UPDATE 06/02/2018 : POSSIBLE ENTRY AND TARGETS FOR SHORT TERM TRADERS

coinauthority (28)in #bitcoin • 7 years ago (edited)

Hello guys,

If you read our previous post about bitcoin's price prediction, you can see it's going down further as we expected.
As per the current scenario, bitcoin is falling hard and there's a lot of panic and depression in the market. But, what to expect in the coming days?? Well, check out the picture below to understand what we expect from bitcoin in the coming few days.

As we can see in the picture above, bitcoin is not able to make a decent support from where it could reverse the trend and hence, it's falling further. Trading at the current price of $6200, we have set our buy orders between $5500-$5800 area for a short term decent gains.

TRADE SETUP

Buying range : $5500 - $5800
Stop loss : $5000
Targets : $6700, $7000, $7300

DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.

Please upvote this post if you like it and want to see more posts from us. Good luck! 😊

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