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BTC ANALYSIS FEBRUARY 12 , 2018

COINBASE:BTCUSD   比特幣 / 美元
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With the beginning of February 11, 2018 confirms the daily framework that the price continues so far in the descending channel , which started the price down from 17130 $ down to 6000 $ , bringing the price to a strong support area between 6,600 $ and 8000 $ , where the rebound and the price continued to rise even On February 9, 2018 and the downside trend line was hit on February 10, 2108, trying to breach the descending channel to bounce the price back down and touch the strong support area at 8000 $ which is now at 8573 $ .
A strong test now is the support area if it is breached downwards likely to reach 5500 $ .
交易進行: If the price stabilizes above 9200 $ the next target will be 12,980 $


From the beginning of February 11, 2018, the daily frame confirms that the price has continued so far in the descending channel that started the price down from $ 17130 down to $ 6000, bringing the price to a strong support area between $ 6,600 and $ 8,000. On February 9, 2018 and the falling trend line was hit on February 10, 2108, trying to breach the descending channel to bounce back downwards and touch the strong support area at $ 8000, and with the beginning of February 12, 2018 prices started to rise and the price on February 11, 2018 reached $ 11150
The price interface is a strong resistance area that has been tested several times and prices have rebounded, and on February 18, 2018 the price started to fall, it is likely that the price will continue to fall to the support area between $ 6,600 and $ 8000, Confirm support area more than once and this is good to start the last climb and prices are likely to reach $ 19700 again, and if the price penetrated the support area will wait for the price at $ 5500.
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