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Bitcoin






1/29/2019 12:56:16 AM

Bitcoin - Technical Analysis: Tuesday, 29/01/2019 05:56 GMT



The completion of the symmetrical triangle pattern pushed Bitcoin price for more decline and heads to continue the bearish trend inside the main descending channel, expecting to head towards 3000.00 areas mainly.

The negative pressure formed by the exponential moving averages 50 and 100 supports the expected decline, while surpassing 3580.00 will push the price to rise.

adax


Target
Risk


Support
Resistance


Trend Bearish

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