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Tuesday, May 23, 2017

Bitcoin Trend 24-05-2017

Bitcoin price rallied upwards strongly to succeed confirming breaching the bullish channel's resistance and settles above it, which supports the continuous of our bullish overview efficiently in the upcoming period, as the price managed to touch our waited target at 2300.00 and settles near it, and we believe that the door is open to achieve more gains on the long term basis.

Therefore, the bullish trend will remain suggested for the upcoming sessions unless breaking 2165.00 level and holding below it.

Expected trading range for today is between 2200.00 support and 2400.00 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