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 April 24, 2018

analytics5adf11de84eaa.png

The Bitcoin (BTC) has been trading upwards. As I expected, the price tested the level of $9.266. In a little more than three weeks time the Bitcoin (BCH) network will hard fork by upgrading its block size to 32MB and incorporate additional functionalities to the protocol. Currently, the entire community is steadily preparing for the consensus change as development teams release new code, while users and infrastructure providers upgrade their full node implementations. Technical picture looks bullish.

Trading recommendations:

According to the 4H time - frame, I found that price reached and broke my first short-term objective target at 8.966, which is a sign that demand is very strong. Most recently, I found a bullish breakout of the ascending triangle pattern, which is another confirmation of the strength. My advice is to watch for potential buying opportunities. The next upward targets are set at the price of $9.805 and at the price of $11.600.

Support/Resistance

$9.270 – Intraday resistance

$9.000– Intraday support

$9.805– Objective target 1

$11.600 – 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