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 Retests The Buyers!

Bitcoin decreased again trying to accumulate more bullish energy before jumping higher. The bias is bullish, so BTC/USD could resume its growth soon after it ends its current decline.

The price has come back down to test and retest the immediate support levels before starting a new upside momentum. Bitcoin could move sideways in the short term before more buyers will step into the game.

BTC/USD Temporary Decline!

analytics6094f2b209293.jpg

BTC/USD has found resistance above 56,873 and now is retesting the upside 50% Fibonacci line of the descending pitchfork. The bias remains bullish as long as the price stays above the immediate black uptrend line.

It could retest the weekly pivot (54,679) before developing a new leg higher. The uptrend line retest could signal further growth as well.

Bitcoin Forecast!

Coming back above 56,873 is seen as a new long opportunity with an upside target at the upper median line (uml) of the descending pitchfork.

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