Bitcoin price rallied upwards strongly
yesterday to complete forming symmetrical triangle that appears on
chart, hinting that the price stopped the recently started bearish
correction and head to resume the main bullish trend, targeting testing
the previously recorded top at 1892.00 as a next main station.
Therefore, the bullish trend will remain
expected for the upcoming sessions supported by the EMA50, taking into
consideration that breaking 1655.84 will push the price to extend its
bearish correction and target 1509.74 areas direct.
Expected trading range for today is between 1725.00 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
