Market Overview
06.03.2018, 10:36

Bitcoin Analysis

In the daily time frame, we may see that the price below the cloud is the first Bearish clue we have.

Now, the price is above the Tekan Sen and Kijun Sen lines, which may be considered as a bullish clue.

What we want to see is the possibility the price to bounce on the cloud and break the Tekan Sen and Kijun Sen lines to the downside, so that to potentially have a bear signal.

If the price breaks the cloud to the upside, then probably the price will continue to the upside forming a new trend.

Have a look at the lower time frame to refine your entries.


© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location