HOME> market conditions> [Today's market forecast on 1/18 (Sat)] What will happen from now on? BTC market price!
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2020.01.17 Last update
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[Today's market forecast on 1/18 (Sat)] What will happen from now on? BTC market price!

Today's BTC price forecast is released! Coingirls official traders open their strategies to keep up with the upcoming virtual currency trends!

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Bitcoin quotes today

Today's BTC / USD market analysis.

What is your long-term perspective? Analyze the market!

The above is a one-hour chart of BTCUSD.

In a previous post, he wrote, "We are profitable because we have reached our profit target of $ 8800."

However, there is a possibility that it will rise further, so we will leave some positions and aim for profitability at $ 9300 (one wave × 1 times length).

Now, let's analyze again, but first look at the image below.

Currently, the third wave of Elliott wave is being formed, and the scenario is to form five more waves.

In other words, the current rise is three waves and three waves, and after that, once we make a crossing, we convert to cash register support around $ 3, and we are thinking of a scenario of rising again.

So, if you want to buy more, it may be better to go long after confirming that the cash register support is around $ 8400.

However, see the long-term daily chart below.

The downtrend line has closed and is now rebounding.

There is a possibility that the price will be reduced because it is suppressed here, so you have to be cautious when adding an extra long.

Currently we have long from around $ 7687, so we will continue to grow.

To conclude, it is a "buy line".

Conclusion: Buy Bitcoin Now? Is it selling now?

Aim for long positions up to $ 9300.

This concludes today's market analysis.


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Last Updated Date: 2020/01/17

[Women's association member who wrote this article]

Coingirls Certified Trader
Coingirls official female trader with 6 years of trader experience. I like watching the three major currency charts of BTC, XRP and ETH.
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