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 August 23, 2018

Bitcoin has been extremely volatile and indecisive recently which broke above $6,500 yesterday but closed below the area with a daily candle. The price has been residing inside the range of $6,000 to $6,500 area from where the range is still continued without any definite momentum in the process. The dynamic level of 20 EMA has acted quite strong as resistance for the price keeping it lower which is expected to inject further volatility for the coming days. Despite the recent False-Break, the bullish bias is expected to continue as the price remains above $5,000 area and breaking above $6,500 with a daily close is expected to inject further impulsive momentum in the process.

SUPPORT: 6,000

RESISTANCE: 6,500, 8,000

BIAS: BEARISH

MOMENTUM: VOLATILE

analytics5b7ede4d7caf1.png

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