MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Bitcoin analysis for March 01, 2018

analytics5a97daba9a2e9.png

Bitcoin (BTC) has been trading sideways around the price of $10.656. While private businesses all over the world struggle with employees so much as possessing cryptocurrency, the US Commodity Futures Trading Commission (CFTC) has reportedly given the full go-ahead to its employees trading crypto. The technical picture looks neutral to bullish.

Trading recommendations:

According to the 30M time - frame, I found that price successful rejected of the lower diagonal of the upward channel, which is a sign that buyers are in control. I also found a hidden bullish divergence on the moving average oscillator, which is another sign of weakness. My advice is to watch for potential buying opportunities. The upward targets are set at the prrice of $10.930 and at the price of $11.040.

Support/Resistance

$10.650 – Intraday resistance

$10.250– Intraday support

$10.930 – Objective target 1

$11.040 – Objective target 2

With InstaForex you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4.

The material has been provided by InstaForex Company - www.instaforex.com