Thursday, April 13, 2017

Bitcoin Trend 14-04-2017

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Bitcoin price attempted to break 1169.00 level but it managed to keep its stability above it, which keeps the bullish trend scenario active on the intraday and short term basis, supported by stochastic positivity that appears on the four hours' time frame, waiting to test 1298.00 level.


We remind you that breaching the targeted level will extend the bullish wave towards 1340.00, while breaking 1169.00 will put the price under the negative pressure again, to target areas that start at 1089.18 followed by 1024.67.

Expected trading range for today is between 1140.00 support and 1300.00 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.