Wednesday, April 19, 2017

Bitcoin Trend 20-04-2017

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Bitcoin price shows calm trading within tight range since yesterday, and keeps its stability above the bullish channel’s support that appears in the above chart, while the EMA50 continues to support the price from below.

 Therefore, these factors encourage us to keep our bullish trend expectations on the intraday and short term basis, waiting for targeting 1298.00 then 1350.00 levels mainly, reminding you that holding above 1169.00 represents an important condition for achieving the suggested targets.


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.