BTC/USD is currently trading at the price level of $8738 and continues to build on the bullish return picture drawn on Monday, which triggered a bullish pattern that is still in play, as FXStreet’s Tomás Sallés notes. Key quotes “This bullish Doji and hedge figure will remain bullish as long as the price does not close below the $8700 level. Above the $8920 level, the signal will move up to express its upward potential.” “Above the current price, the first resistance level is at $9131, then the second at $9650 while the first support level is at $8700.” “The MACD on the daily chart decreases the bearish profile and continues the process of turning to a neutral position.” “The DMI on the daily chart shows bears still below the ADX line, confirming the loss of downward momentum. Today’s bulls are losing strength but staying within striking distance of the bear’s position.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: BoC to cut interest rate – Rabobank FX Street 2 years BTC/USD is currently trading at the price level of $8738 and continues to build on the bullish return picture drawn on Monday, which triggered a bullish pattern that is still in play, as FXStreet’s Tomás Sallés notes. Key quotes “This bullish Doji and hedge figure will remain bullish as long as the price does not close below the $8700 level. Above the $8920 level, the signal will move up to express its upward potential.” “Above the current price, the first resistance level is at $9131, then the second at $9650 while the first support level is at $8700.” “The MACD… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
