Wednesday, March 22, 2017

Bitcoin Trend 23-03-2017

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Bitcoin price returns to settle near 1024.67 level, where it keeps its stability above this level now, noticing that stochastic begins to provide positive signal on the four hours’ time frame, waiting for motivating the price to resume the bullish bias in the upcoming sessions.
In general, we keep preferring the bullish trend on the intraday and short term basis unless breaking 1024.67 then 960.16 levels and holing below it, waiting for breaching 1089.18 level to confirm opening the way towards 1169.00 then 1298.00 levels mainly.

Expected trading range for today is between 960.16 support and 1130.00 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.