The cryptocurrency has been slow in the last few days, which is not what we are used to for Bitcoin, the markets are undecided and the price is moving sideways, it’s hard to make a prediction in conditions like this, we see that the Relative Strength Index is relatively steady very close to the 50% for the last 12 trading sessions, it is currently yat 52% the bollinger bands are very narrow and the price broke a support level and then the same level as a resistance, we do not see a clear trend as of now, we will look at shorter term graphs in our cryptos in order to deliver a better prediction, for now, just stay alert to any trading opportunities in the other pairs we analyze.
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.