Post
Topic
Board Trading Discussion
ProEX Bitcoin price analysis , update daily!
by
PorExchange
on 08/12/2020, 07:17:49 UTC

ProEX Bitcoin price analysis - 2020.12.08

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The price of BTC is consolidating at these days, we suggest traders to close some BTC positions in hands if you are profiting, and wait for the clear trend.

There is a upward trend line from around 11,000, and now is around 18,000, this is also where the 4 hour EMA at right now, its a double support area.

We suggest you open long around 18,300 - 18,500 and 18,000. There 3 will be a better and safer price to enter long.   


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https://upload.cc/i1/2020/12/08/5R3ABl.jpeg