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Sunday, February 19, 2017

Bitcoin Trend 20-02-2017

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Bitcoin price shows slight negative trading after approaching from 1070.00 barrier, keeping its stability above the EMA50, noticing that stochastic provides clear oversold signals now, waiting to motivate the price to continue the bullish trend in the upcoming sessions, which targets testing 1090.00 mainly.


Therefore, the positive scenario will remain active for today conditioned by holding above 1000.00 level, noting that breaching the targeted level will extend Bitcoin price gains to reach 1110.00 as a next main station.

Expected trading range for today is between 1000.00 support and 1110.00 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.