Bitcoin price confirmed breaking 924.50
level after closing the daily candlestick below it, and after retesting
this level successfully, the price resumes its negative trading with the
beginning of today, approaching from the EMA50 that forms an important
support barrier at 857.00, therefore, breaking this level is required to
confirm the continuation of the bearish wave that targets 779.00 then
730.00 levels mainly.
Therefore, our bearish trend
expectations remain valid and active for today, pointing that breaching
924.50 will stop the expected decline and leads the price to recovery
attempts that its main targets begin at 1040.00.
Expected trading range for today is between
779.00 support and 950.00 resistance.
Expected trend for today: Bearish
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- YOU WILL NEVER TRADE ALONE -
YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS
TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
TO BUY OR SELL 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.
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.
