FX.co ★ Bitcoin analysis for September 10, 2018

Trading recommendations:

According to the H1 time frame, I found a potential end of the upward correction (running flat ABC), which is a sign that buying looks risky. I also found a strong downward trend in the background and my advice is to watch for selling opportunities. The breakout of intraday support line will confirm further downward continuation. The downward target is set at the price of $5,838.

With InstaForex you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4.