Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 30

mushfiqsami (30)in #bitcoin • 7 years ago

BTC/USD
Bitcoin has broken below our stop loss of $7,600, and our position initiated at $8,800 has been closed. We had suggested long positions because we anticipated a pullback once the digital currency broke out of the descending channel, but we were wrong.

BTC price------------

The bears strongly defended the 20-day EMA and pushed prices back into the descending channel once again.

There is a minor support at $7,000 below which the BTC/USD pair will retest the February 06 lows of $6,075.04.

The bears strongly defended the 20-day EMA and pushed prices back into the descending channel once again.

#cryptocurrency

7 years ago in #bitcoin by mushfiqsami (30)

$0.00

2 votes