Bitcoin price came few pips away from
our waited target at 1169.00, to show some slight bearish bias affected
by stochastic negativity, which gets rid of its negative momentum
clearly to head towards the oversold areas, noticing that the EMA50
keeps providing the positive support to the price.
Therefore, these factors encourage us to
continue suggesting the bullish trend in the upcoming period, and the
main targets begin by breaching 1169.00 level to open the way to head
towards 1298.00 as a next main station, noting that breaking 1089.18
will stop the expected rise temporarily to push the price to test the
key support areas 1024.67 and might extend to 960.16 before any new
attempt to rise.
Expected trading range for today is between 1089.00 support and 1200.00 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.
