Bitcoin price traded with strong
negativity on last Friday and succeeded to touch our main target at
960.16, which represents 61.8% Fibonacci for the bullish wave measured
from 751.34 to 1298.00, noting that the price shows clear bullish
rebound from there, hinting the attempt to regain the bullish trend
again.
Therefore, the bullish trend will be
suggested in the upcoming sessions, and breaching 1089.18 will reinforce
the expectations of more rise, as the positive targets begin at 1169.00
and extend to 1298.00, taking into consideration that breaking 960.16
will stop the expected rise and push the price to suffer more losses on
the short term basis.
Expected trading range for today is between 960.16 support and 1169.00 resistance
Expected trend for today: Bullish
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- 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.
