Please visit our sponsors

Rolclub does not endorse ads. Please see our disclaimer.
Results 1 to 2 of 2
  1. #1
    Senior Member
    Join Date
    Mar 2018
    Posts
    124
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Bitcoin (BTC) Daily Price Forecast July 11

    BTC/USD Medium-term Trend: Bearish

    Resistance Levels: $6,400, $6,500, $6,600
    Support levels: $6,200, $6,100, $6,000

    Yesterday, July 10, the price of Bitcoin was in a bearish trend. In the bearish market, the price of Bitcoin was retracing to test the bullish trend line which was later broken to end the previous bullish trend. Today, the cryptocurrency is now in a downward trend. Bitcoin price fell to the previous low of $6,363.39 which was the low where the price was consolidating before the bullish breakout.

    From the 4-hour chart, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the 12-day EMA and the 26-day EMA are above the price bars of Bitcoin which indicates that the bearish trend is ongoing. The relative strength index period 14 is level 29 which indicates that the market is oversold suggesting bulls to take control of the market.


    BTC/USD Short-term Trend: Bearish

    On the 1-hour chart, the price of Bitcoin is in a downward trend. The MACD line and the signal line are below the zero line which indicates a sell signal. Also, the 12-day EMA and the 26-day EMA are above the price bars of Bitcoin which indicates that the bearish trend is ongoing.



    The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

    Source: https://bitcoinexchangeguide.com

  2. Sponsored Links
  3. #2
    Senior Investor
    Join Date
    Aug 2017
    Posts
    911
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    I am having reliable trading support with my broker Forex4you. From them I am getting the powerful analyze trade knowledge. Their free seminar and webinar classes help me to acquire trade knowledge. Many of us use try to make money easily from Forex but the maximum result here getting is not an easy task even though. To acquire the most powerful analyzing trade knowledge which is the key to success in Forex first of all you have to.

  4. Sponsored Links

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Share |