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Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Angkoolart10 on July 07, 2018, 04:15:00 PM

Title: Bitcoin beat resistance at 6440/50?
Post by: Angkoolart10 on July 07, 2018, 04:15:00 PM

Bitcoin beat resistance at 6440/50 & topped exactly at the selling opportunity at 6750/6800. A perfect trade! Shorts need stops above 6900. An unexpected break higher targets 7170/7200 with resistance at 7350/7390.

Failure to beat strong resistance at 6750/6800 targets minor support at 6440/50 (being tested AGAIN as I write & we bottomed exactly here). Further losses expected eventually & below 6300 targets 6170/50. Below 6100 look for 6000/5980 before the crash low at 5780. Further losses target the November low at 5555.

Source: https://www.investing.com/analysis/bitcoin-daily-forecast--06-july-2018-200329543

What do you think about this.

Title: Re: Bitcoin beat resistance at 6440/50?
Post by: sugarchrisp on July 09, 2018, 05:11:34 AM

I think once BTC breaks through 6800 it's going to shoot up into the mid 7000-8000 range.  Question is will it do that or not?  If it doesn't find support at 6800 then it'll probably drop back to where it was ~$6000.