Bitcoin BTC/USD is trading at 6405 and continues to move as part of growth. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an uptrend. As part of the Bitcoin prediction & analysis BTC/USD November 6, 2018 8, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 6385. Where can we expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a potential goal of 6500.
Bitcoin prediction & analysis BTC/USD November 6, 2018
A test of the support area, as well as a rebound from the lower border of the bullish channel, will be in favor of cryptocurrency quotes growth BTC/USD. Previously, a weak signal was received for BUY the Bitcoin cryptocurrency, due to the intersection of signal lines at the level of 6325.
Cancellation of the growth option of Bitcoin quotes will be the breakdown of the lower border of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 6350. This option will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall in the Bitcoin rate. Expect to accelerate the growth of BTC/USD quotes with the breakdown of the resistance area and closing above the level of 6450.
Bitcoin prediction & analysis BTC/USD November 6, 2018 involves an attempt to correct cryptocurrency and test the support level near the area of 6385, from which it is expected to continue the growth of the Bitcoin rate with a potential target near the level of 6500. that would indicate a continued decline.