From the time I have posted my last TA on Bitcoin it fell down and yesterday it went back up on the lower line of the confirmation range $7 620 - $7 720. Now it is stagnating on this level. There is a small possibility that we can go up right now but MACD is looking more likely to cross down. I am expecting to go down at least to the light blue SMA on my graph or maybe to the last support on $7 050. But if this can not hold we will probably fall down to $6 450 - $6 550 I am not expecting to fall lower than that.
- Tom
I am NOT a financial adviser of any kind and I am NOT responsible for any financial decisions made by you. I wish you a very profitable trading!
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