BTC 11.04.2019 -2-day balance in the focus, watch for breakout to confirm further direction

Bitcoin has been trading upwards in the past 24 hours. The price did test the level of $9.300 I found 2 important pivot points for the BTC.The 2-day high at the price of $9.420 and the 2-day low at the price of $8.920.

Name: b-p-041119.jpg Views: 14 Size: 67.2 KB

The successful breakout of the 2-day high at $9.420 may lead us for test of $9.920.

The successful breakout of the 2-day low may lead us for potential test of $8.600

MACD is showing positive reading above the zero

Bollinger band is headiing upside and the middle line at the price of $8.485 is providin support.




Name: s_jacimovic.png Views: 13 Size: 4.8 KB
Performed by Petar Jacimovic
Analytical expert
InstaForex Group © 2007-2019