Bitcoin price touched 1169.00 level and
bounced higher strongly from there, to approach from retesting the
previously broken bullish channel’s support that turns into an important
resistance now at 1238.60, where breaching this level represents the
return key to the main bullish trend, while breaking 1169.00 will push
the price to extend its bearish correction towards 1089.18.
Therefore, we prefer staying aside now
in order to monitor the price behavior according to the critical levels
that represented by 1169.00 support and 1238.60 resistance, waiting for
breaching one of them to detect the next targets clearly.
Expected trading range for today is between 1100.00 support and 1300.00 resistance
Expected trend for today: Depends on the above mentioned levels
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Contact person: Alexey
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Official W3Coins Representative in East Europe & Middle East
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+40 734 277 757
- 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.
