Thursday, May 18, 2017

Bitcoin Trend 19-05-2017

Bitcoin price rallied upwards strongly to succeed touching our waited target at 1292.00, and the price starts the attempts to breach this level, hinting the continuation of the bullish trend on the short term basis, waiting to target 2000.00 level as a next main station.



Therefore, we will continue to suggest the bullish trend in the upcoming sessions, supported by the EMA50, noting that the continuation of the bullish trend depends on holding above 1785.00 and the most important above 1655.84.

Expected trading range for today is between 1800.00 support and 2000.00 resistance
Expected trend for today: Bullish

with
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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