Bitcoin analysis for April 11, 2018 888011000 110888 The Bitcoin (BTC)has actually been trading sideways at the cost of$6.790. Blockbid is now registered with the Australian Transaction Reports and Analysis Centre (Austrac). This makes it only the 3rd company granted permission to legally run as a cryptocurrency exchange in Australia considering that the new guidelines happened recently. Intraday technical image looks bullish.Trading recommendations: Inning accordance with the 30M time-frame, I discovered confrimed reversal head and shoulders pattern in the background, which is a sign that selling looks dangerous. I also discovered an effective re-test of the neck line, which is another sign of strength. My advce is to watch for prospective purchasing opportunities. The upward target isset at the price of$6.910. Support/Resistance$6.821– Intraday resistance$6.705– Intraday support$6.910 — Objective target With InstaForex, you can earn on cryptocurrency motions today. Just open a deal in your MetaTrader4.The product has been supplied by InstaForex Business – www.instaforex.com

By | April 11, 2018

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