Weekly reviews

Bitcoin market technical outlook


Analysis method - “Trend’s Potential”

September 8, 2018

Weekly chart: Trading within the range of lower Bollinger bands (5306.45-7384.56) continues. Movement phase is downward, therefore it’s possible to consider short-trades in direction 5306.45 intraweek.

Expectations: Decline in direction 5306.45.

Trading recommendations: Search for optimal areas for short-trades in direction 5306.45.