BTC/USD skyfall

Forex Analysis

BTC/USD skyfall, Weekly Analysis
September 10, 2018

Our Picks: BTC/USD

Expertise: Technical

Time Frame: Weekly

 

Since we are down from December 2017 it seems to be there are no more bull at BTC/USD side. 5800 is a strong level and since downgrading for 7 month this level held forming consolidation triange. Nevertheless we can still move lower this level. We hope to see consolidation near this level  (major support zone). With that issue we have opened long position on BTC/USD. 

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