BTC/USD Daily Forecast - 14 May

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Monday, May 14 2018

BTC/USD Daily Forecast - 14 May

The conservative sales area for Bitcoin is located near the middle border of the Bollinger Bands strip at 8750.00. The abolition of the variance of the continuation of Bitcoin will be the breakdown of the mid-range area of the Bollinger Bands indicator strips, as well as the moving average with the period of 55 and the closing of the pair quotations above the area of 9260.00, which indicates a change in the trend in favor of the bullish for BTC / USD.

In the event of a breakdown of the lower boundary of the bands of the Bollinger Bands indicator, it is expected to accelerate the fall.

More in this category: « GBP/USD Daily Forecast - 11 May AUD/USD Daily Forecast - 15 May »

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