Weekly reviews

Bitcoin market technical outlook

Cryptocurrencies

Analysis method - “Trend Potential” June 9, 2018

Weekly chart: Flat state of ADX indicator and stable Bollinger bands tell about probable continuation of the trading in the area of middle band (7589.53) in a certain horizontal corridor, that should be defined on junior time-frames.

chart

Expectations: Flat in the 7589.53 area.

Trading recommendations: Search of side corridor for trading on junior charts.