Crypto-Follow logo Crypto-Follow logo
CryptoNewsZ 2019-12-24 13:33:26

Bitcoin Technical Analysis: Reversal or Dead Cat Bounce?

Weekly prices are held by the 61.8% Fib level support at $7213, prices are trying to do S/R flip of 49 days SMA (Simple Moving Average) and 9 days SMA denoted by the green line and blue line respectively in the below-given chart. Weekly prices have been rejected by the 9 days SMA previously; if …The post Bitcoin Technical Analysis: Reversal or Dead Cat Bounce? appeared first on CryptoNewsZ.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer