Bitcoin price bounced upwards clearly
and settled above 1169.00 level, and by taking a deeper look at the
intraday time frames, we find that the price forms inverted head and
shoulders' pattern that appears on the minor image, thus, breaching
1207.50 will confirm regaining the main bullish trend and stopping the
correctional bearish wave that started from the recently recorded top at
1298.00.
Therefore, we expect witnessing positive
trading on the intraday and short term basis, and the main targets
begin by breaching the above mentioned top to open the way to head
towards 1385.00 as a next main station, noting that breaking 1169.00 and
holding below it will push the price to return to the correctional
bearish track again.
Expected trading range for today is between 1130.00 support and 1300.00 resistance
Expected trend for today: Bullish
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Time: 18:00
Place: NSC Olympic "Presidential Skybox"
The entrance is free, pre-registration
Contact phone: +38 (068) 126-74-87
Contact person: Alexey
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Official W3Coins Representative in East Europe & Middle East
samer@w3coins.com
+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.
