Weekly reviews

Bitcoin market technical outlook

Cryptocurrencies

Analysis method - “Trend Potential”

June 30, 2018


Weekly chart: Bulls managed to guard support level 5444.19 at the lower Bollinger band, that provide them with reasons to remain upbeat for while and correction in direction 8142.60 (middle Bollinger band).

Expectations: Upward correction in direction 8142.60.

Trading recommendations: Careful longs in direction 8142.60 (after getting the confirming signals from your trading systems).