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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.

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Bitcoin analysis for September 12, 2018

analytics5b99100699412.png

Trading recommendations:

According to the H1 time - frame, I found that price broke the support trendline in the background, which is a sign that buying looks risky. I also found a potential end of the upward correction (abc running flat) in the background, which is another sign of weakness. Watch for selling opportunities. The downward target is set at the price of $5.847.

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