Wednesday, September 18, 2019

Technical Analysis: Bitcoin Long to $13,600

Bitcoin has come up yet again to re-test what it lost from the highs of last week – only this time it doesn’t seem to be getting rejected nearly as hard.

In circumstances like these, we’re looking at this move as accumulation for another rally. Or the price just taking a break to build up more momentum to break through this resistance.

Holding above $11,400 should maintain enough momentum to push the price up to $13,500 as a first target

Follow this trade on TradingView:



Bitcoin Rally by BTCNN on TradingView.com

Disclaimer: Technical Analysis or any trading and price related posts are purely speculative and are not recommended trading advice. Trading can suck, and you can lose all your money real fast which is why we have this disclaimer. Trade at your own risk.

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