You are viewing a single comment's thread from:

RE: Hold LONG POSITION / BITCOIN & STEEM RESEARCH TRADING SYSTEM # 6

in #bitcoin7 years ago

Bitcoin is currently uncertain to which way it will move next. On the daily chart the previous 3 candles have been unable to present an indication for which way price will move in next. This can be very common when price reaches a major level, price often consolidates around that region for awhile and then shoot off in a certain directly after slowly building buying or selling pressure. I still believe we will see a move lower, potentially down to the $6,500 region before we see any sign of major support found in the market.

Screen Shot 2018-05-26 at 10.12.58 pm.png

Coin Marketplace

STEEM 0.21
TRX 0.25
JST 0.039
BTC 98660.01
ETH 3484.72
USDT 1.00
SBD 3.23