Wednesday, March 15, 2017

Bitcoin Trend 16-03-2017

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The tight range controls Bitcoin price’s trading in the last days, which crawls calmly to the upside, where the price needs to get enough positive momentum to push the trading to continue the main bullish trend, and its next main target located at 1385.00.
In general, we will keep preferring the bullish trend in the upcoming period unless breaking 1169.00 level and holding below it, which will put the price within correctional track that targets 1089.18 levels and might extend to 960.16 before any new attempt to rise.

Expected trading range for today is between 1169.00 support and 1360.00 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.