Monthly reviews

Bitcoin market technical outlook

Cryptocurrencies

Analysis method - “Trend’s Potential”

September 1, 2018


Monthly chart: The 5751.76 area at middle Bollinger band serves a very strong support for bitcoin. ADX is actively falling, therefore, probably, we’ll witness one more monthly flat in the 5751.76-7300.00 range.


Expectations: Flat in the 5751.76-7300.00 range.

Trading recommendations: Trading in the 5751.76-7300.00 range