Cryptocurrencies Stocks

Technical Analysis for Bitcoin: Quick Update

Bitcoin finally broke down below the $3,500 support it’s been hovering on for the last 2 weeks. It dropped to the known $3,400 support and is currently trading around $3,430.

Screen Shot 2019-01-28 at 5.56.28 PM.png

Looking at the daily chart we can see bitcoin bounced right off the bottom Bollinger band.

Screen Shot 2019-01-28 at 5.56.56 PM.png

In today’s video analysis I discuss, where price maybe heading next, traps to avoid and so much more. I hope you find it helpful.

Video Analysis:

 

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

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Twitter handle is @Workin2005 and Facebook is https://www.facebook.com/Workin2005

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