Bitcoin price provided negative trading
in the recent sessions to push on the bullish channel's support that
appears on chart, but it kept its stability above this support to
continue moving inside the mentioned channel, which keeps the overall
bullish trend scenario valid for the upcoming period, waiting to resume
the bullish bias that targets 1920.00 areas as a next main station.
Therefore, we waiting for positive
trading today unless breaking 1725.00 and holding below it, as breaking
this level will push the price to start bearish correction on the short
term basis.
Expected trading range for today is between 1700.00 support and 1900.00 resistance
Expected trend for today: Bullish
with
M Samer Al Reifae
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