BTC/USD Update 15/08/2018

​​📈 # BTC

Yesterday, the price of BTC pierced the support level of 5920.00 USD, setting a local minimum at 5880.00 USD. The annual minimum of 5774.72 USD has not been updated yet, but this level does not long remain to retain this title of antirecord. After the rebound from the local minimum, the price will touch the resistance level of 6425 USD.

In the older time periods, attention should be paid to the MACD convergence on the weekly chart. This gives us hope that the long-awaited strong bullish offensive will begin in the coming weeks.

Support: 5774 (annual minimum); 5920; 6100.

Resistance: 6425 (minimum of April 1); 6840; 7220; 7530; 7790; 8000; 8300; 8550; 8620; 8900; 9350.

Posted using Partiko Android