Bitcoin price succeeded to touch our
first waited target at 1298.00 and settles there, as it attempted to
breach it yesterday, which provides signals of continuing the rise in
the upcoming period, supported by the EMA50 that protects trading inside
the bullish channel that appears on chart.
Therefore, the bullish trend will remain
suggested in the upcoming period, and the next target is located at
1400.00, noting that stochastic attempts to get rid of its negativity to
support the chances of continuing the expected rise, while holding
above 1263.00 represents key condition to continue the positive
overview, as breaking it will push the price to visit 1169.00 areas
before any new attempt to rise.
Expected trading range for today is between 1250.00 support and 1400.00 resistance
Expected trend for today: Bullish
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+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.