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Thursday, February 2, 2017

Bitcoin Trend 02-02-2017

Bitcoin price resumes its positive trading approaching from 1000.00 level now, to keep the positive effect of the inverted head and shoulders' pattern active, waiting to visit 1068.00 level that represents our next main target.

Therefore, the bullish trend will remain valid and active for today conditioned by the price stability above 933.00 and 851.00 levels, reminding you that breaching 1068.00 level will extend the bullish wave to reach 1110.00 on the near term basis.



Expected trading range for today is between 
935.00 support and 1068.00 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.