Bitcoin price continued to achieve
strong gains to touch our extended target at 1600.00, and it attempts to
breach it, but it couldn't manage to confirm the breach until now, to
test the previously breached resistance of the bullish channel that
appears on chart, noticing that the price rebounds bullishly to start
today's trading with clear positivity.
Therefore, we believe that the chances
are valid to continue the bullish trend on the short term and medium
term basis, noting that our next target is located at 1700.00, while
achieving it conditions holding above 1520.00.
Expected trading range for today is between 1500.00 support and 1670.00 resistance
Expected trend for today: Bullish
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Official W3Coins Representative in East Europe & Middle East
samer@w3coins.com
+40 734 277 757
Official W3Coins Representative in East Europe & Middle East
samer@w3coins.com
+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