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Bitcoin Showing Early Signals of Reversal | Next Target $8.2k
Bitcoin
Long
Bitcoin Showing Early Signals of Reversal | Next Target $8.2k
By AlanSantana
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Updated
Oct 20, 2019
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Oct 20, 2019
Bitcoin (BTCUSD) is showing early reversal signals.
We can see its price now moving above EMA10 and gaining momentum.
* If this movement continues, we can expect Bitcoin to hit $8,088 easily followed by $8,200 after.
* The $7800 - $7900 range is where we can now find strong support. If prices move lower, this will be a very important level.
Right now, Bitcoin is now aiming higher but we still need to see some volume for this move to be strong.
Patience is key...
Thanks a lot for your support.
Namaste.
Oct 20, 2019
Note
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