Price Bitcoin Breaks Support - Analysis - 22-09-2017

in #bitcoin7 years ago

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The price Bitcoin of forming a clear breach of 3776.64 and stabilized below it, to open the way for the continuation of negative pressure in the short term, to head towards the level of 3404.95 as the next main station, where the price found it difficult to penetrate the downward trend line shown in the picture.

From here, the bearish bias will be likely for today with support from SMA 50, noting that a break of 3776.64 will stop the negative pressure and lead the price to recover again.

The trading range for today is among the support at 3405.00 and resistance at 3900.00

The general trend for today is bearish

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I think it's heading to $2800 within a month

Maybe
But I think the number 2800 is far away