Monday, April 24, 2017

Bitcoin Trend 25-04-2017

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Bitcoin price resumes its positive trading calmly to approach gradually from our first waited target at 1298.00, where the price keeps moving within the bullish channel that appears in the above chart, which gets continuous support from the EMA50.


Therefore, the bullish trend will remain preferred in the upcoming period, and breaching the targeted level will extend the bullish wave to reach 1400.00, while holding above 1169.00 represents an important condition for the continuation of the suggested rise.

Expected trading range for today is between 1200.00 support and 1350.00 resistance
Expected trend for today: Bullish


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YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS 
TO BUY OR SELL BITCOIN, GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED. 
 Do your own due diligence. 
No one knows tomorrow's price or circumstance. 
 I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. 
I do not accept responsibility for being incorrect in my speculations on market trend.