BTC/USD Update 18/08/2018

in #pratiko6 years ago

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​​📈 # BTC

Bitcoin in the first half of the last trading session was actively growing, for several hours the coin broke above the border of the range. But the bulls could not gain a foothold above the resistance of $ 6450. On the 4-hour chart, bearish absorption was formed. Also on the coin crushes the moving average EMA50. Probably one more correction to the lower border of the outset, support $ 5770. If it is pierced, we sell the coin at a price of $ 5,600. In long positions we go, starting at $ 6600, if Bitcoin pierces resistance $ 6450.

Support : 5774 (annual minimum); 5858; 6100.

Resistance : 6450 (minimum of April 1) 6840; 7220; 7530;
7790; 8000; 8300;8550; 8620; 8900; 9350.

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