BancDeCrypto

Long position. Target $4150

POLONIEX:BTCUSDT   Bitcoin / Tether USD
The price is remaining within the upgoing range which is limited by the support and resistance levels. Bollinger Bands analysis shows that the price is between the upper range border and the center. This is a sign of a strong uptrend. RSI also signals of the future growth. However, it's hard to say for how long will this uptrend continue, because the range is fairly narrow and can become even narrower. The nearest target level is $4150 where the upper Bollinger Bands border is.

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