Bitcoin price analysis: BTC/USD bounces back, will the bulls hit $10,500?

By goldenforex | Crypto trading signals | 16 Sep 2019

Bitcoin is increasing bullish energy above $10,300 against the USD.

There are three critical regions of help at $10,000, 9,400, and 9,000 – 9,400 sticks out.

There is sideways drifting as seen with the Relative Quality File and Moving Normal Assembly Uniqueness.

Bitcoin, the world's biggest coin in the digital money advertise, has seen generally low unpredictability in the previous half a month.

Bitcoin is exchanging between the Straightforward Moving Midpoints backing and obstruction. The 100 SMA on the four-hour outline is offering support at $10,149 while on the upside the 50 SMA will constrain development at $10,364.

In spite of remedying from the intraday high at $10,473, the fundamental trendline obviously shows an up-slanting business sector. In the event that Bitcoin stretches out the revision to lower levels, $10,200 is in line to offer help. Other significant help regions incorporate $10,000, $9,000 just as the essential help at $9,400.

Bitcoin will probably combine somewhere in the range of $10,300 and $10,400 in the coming sessions as per the sideways pattern saw with Relative Quality File (RSI) and Moving Normal Combination Uniqueness (MACD).

How do you rate this article?



Crypto trading signals
Crypto trading signals

Welcome to Your Crypto trading signals. Get Signals and Trade Crypto Like a Professional From Day One.Join our free channel if you are trading on ​Binance or other crypto exchange.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.