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 May, 24.2019

BTC has been trading upwards. The price tested the level of $8.100. Anyway, it looks risky for buying since the key resistance line at the price of $8.233 is there.

analytics5ce814132ee2c.jpg

Yellow rectangle – swing high resistance

Red horizontal line – swing low support

White lines – Upward channel

BTC is trading inside of the upward channel. Anyway, strong resistance cluster at the price of $8.233 is there and buying looks risky at this stage. Our advice is to watch for potential break of the upward channel in order to confirm down movement. Stochastic oscillator is showing the bearish divergence, which is another sign of the weakness.

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