Fri Feb 9, 2018 7:55pm EST
Finance Attitude - Technical Analysis BITCOIN (BTCUSD) 2018-02-09
Finance Attitude - Technical Analysis BITCOIN (BTCUSD) 2018-02-09

In the H4, chart of BTC we can see that downward trend is continuing for a long time. Moreover, It is following a strong trend line as well. Previously, we saw price rejected from this area and got down from here. Now price is again near to the trend line as well as near to making another lower high. So, from here there is a massive chance for the price to go down. It’s better to wait for some time so that price can go up near to the trend line and if we find any candlestick conformation there; we can hope the price will go down.

 



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