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The upward scenario on the BTC / USD

simobnr

Published: 23 Jul 2018 › Updated: 23 Jul 2018The upward scenario on the BTC / USD

The upward scenario on the BTC / USD


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Here is the possible upward scenario on the BTC / USD:

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-It is observed that the price is well mounted at the level of the resistance 7100-7500 (green area). Above this level,​ we will have a buyer zone up to the resistance of 9500-9800 (orange area).
-We note a key level (gray area) that can serve as a profit taking or a position area. It could be that this gray area stops the bullish scenario if we do not break it.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency. I'm not an investment adviser and the information shared on my blog is not meant to be a solicitation or recommendation to buy/sell any instrument. Future trading results can never be guaranteed.

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