MXN Hits Our Target Level
June 8, 2020
BTC on Bullish Market
June 10, 2020
BITCOIN CHART PRICE – BTCUSD DAILY
The cryptocurrency has been up on the last 3 trading session including the weekend, its routed towards reaching a new resistance level at $10,427 technical indicators tell us that the cryptocurrency is not yet oversold, with an RSI sitting at 55%, this is a good indicator that most traders could continue to go long, although Bollinger Bands are not opening up much BTC is always very volatile, we are setting the target at $10,116.80 as that would be 80% of the difference between the support and the resistance level, we want to be out of the trade before the markets start reacting and drive the price down by closing their trades.
This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.
