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Tuesday, May 2, 2017

Bitcoin Trend 02-05-2017

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Bitcoin price rallied upwards strongly yesterday to surpass 1400.00 barrier and settle above it, starting today with more positivity on its way to head towards our extended target that rises now to 1485.00, as the price continues to move inside the bullish channel that appears on chart, getting continuous positive support by the EMA50.


Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 1325.00 and 1298.00 levels.

Expected trading range for today is between 1350.00 support and 1485.00 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 tren