(03 AUGUST 2018)Bitcoin / Dollar:The downside prevails.

(03 AUGUST 2018)Bitcoin / Dollar:The downside prevails.

3 August 2018, 09:52
Jiming Huang
0
44

btc

Pivot (invalidation): 7590

Our preference

Short positions below 7590 with targets at 7225 & 7000 in extension.

Alternative scenario

Above 7590 look for further upside with 7790 & 7990 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL) 

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