Bitcoin price attempted to break the intraday bullish channel's support
but the EMA50 succeeded to form solid support base that stopped the
price negative attempt, to rebound bullishly and attempt to return to
the bullish channel again, which supports the continuation of the
bullish trend scenario on the intraday and short term basis.
Stochastic provides clear positive signals on the four hours' time frame,
which reinforce the chances of achieving more gains in the upcoming
period, noting that the waited targets begin at 990.00 and extend to
1050.00, while the price needs to hold above 851.00 to continue the
suggested positive scenario.
Expected trading range for today is between
885.00 support and 1000.00 resistance.
Expected trend for today: Bullish
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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 BITCOIN, GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
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.
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.
