Bitcoin price fluctuates in tight track
since yesterday keeping its stability above the intraday bullish
channel’s support, pointing that the EMA50 continues to support the
price from below, reinforcing the chances for the continuation of the
bullish wave in the upcoming period, waiting for visiting the recently
recorded top at 1298.00 mainly.
Therefore, the bullish trend will remain
active and valid on the intraday and short term basis, being aware that
breaking 1169.00 will put the price under the bearish correctional
pressure again, and the negative targets begin by testing 1089.18 then
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
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.