Tuesday, April 18, 2017

Bitcoin Trend 19-04-2017

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Bitcoin price shows calm positive trading to move away from the bullish channel's support gradually, thus, the bullish trend scenario will remain active on the intraday and short term basis, and the way is open to visit 1298.00 level that represents our first main target, noting that breaching it will push the price towards 1350.00 direct.


The EMA50 supports the suggested rise, which its continuation conditions holding above 1169.00.

Expected trading range for today is between 1169.00 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.