Forecast and analytics – 11 September 2018
BTC/USD
BTC/USD is trading at $6,449 and continues to move within the Triangle model. The coin is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a continuing downward trend.
In favor of continuing the decline, a resistance area test and a bounce from the upper bound of the Triangle model can also happen. To expect confirmation of further drop in quotes of BTC/USD is with the breakdown of the lower bound of the Triangle model and the closing below the level of $6,150.
As part of the forecast for ...
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