Thursday, April 27, 2017

Bitcoin Trend 28-04-2017

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Bitcoin price rallies bullishly after confirming breaching 1298.00 level, opening the way to head towards our next target that extends to reach 1440.00, as trading is organized inside the bullish channel that appears on chart, supported by the EMA50 besides stochastic positivity.


Therefore, the bullish trend will be suggested in the upcoming period, taking into consideration that breaking 1275.00 will stop the suggested rise and push the price to test areas that start at 1163.00.

Expected trading range for today is between 1275.00 support and 1440.00 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.