Bitcoin is forming a hammer! The Dip is at 7900$ - The Target is 12000$ ! - Bitcoin Technical Analysis Update

in #bitcoin7 years ago

Good News!

Bitcoin is forming a hammer today... The buyers are back into the market.

The target is 12000$ --> Moving Average & Previous Peak Point.

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Stop Loss is 7900.

Trend is your best friend :) As long as the price stays above the moving average It represents an “Upward” Trend. As long as the price stays below the moving avareges It represents an “Downward” Trend.

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a coffee:
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