The sideways and tight range dominated
Bitcoin price recent trading, but we notice that stochastic reaches the
oversold areas now, to provide positive motive that we are waiting to
assist to push the price to resume the bullish trend, waiting to visit
1298.00 level mainly.
Therefore, the bullish trend will remain
suggested in the upcoming period, supported by the EMA50 that keeps
carrying the price from below, noting that breaching the targeted level
will extend the bullish wave towards 1340.00, while holding above
1169.00 represents the first condition to continue the expected rise.
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.