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


Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 ©

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.



Expert In



Bitcoin analysis for January 30, 2018


Bitcoin (BTC) has been trading downwards. As I expected, the price tested the level of $10.873. The current cryptocurrency investments ecosystem is one of the purest forms of a free market in economic history. This gives rise to an incredible growth which makes some people overnight fortunes and allows startups to flourish like never before. Unfortunately, it also puts the burden on investors to vet the teams, ideas, and capabilities before getting involved with any ICO. Technical picture on Bitcoin looks bearish.

Trading recommendations:

According to the 30 time - frame, I found a broken bearish pennant formation, which is a sign that sellers are in control. My advice is to watch for potential selling opportunities. The downward targets are set at the price of $10.755, $10.275 and at the price of $9.860.


$11.102 – Intraday resistance

$10.758 – Intraday support

$10.275 – Objective target 1

$9.860 – 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 -