Bitcoin price managed to build good
support base above 1169.00, to resume its positive trading organized
inside the bullish channel that appears on the above chart, and it
managed to breach key resistance line that reinforces the chances of
continuing the bullish trend on the short term basis.
Therefore, our bullish overview will
remain active in the upcoming period, and the next main target is
represented by testing the recently recorded top at 1298.00, noting that
breaking 1169.00 will stop the expected rise and push the price to test
the correctional levels again, starting at 1089.18 followed by 1024.67.
Expected trading range for today is between 1169.00 support and 1300.00 resistance
Expected trend for today: Bullish
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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.
