Monday, May 29, 2017

Bitcoin Trend 30-05-2017

Bitcoin price traded with clear positivity yesterday to test the key resistance barrier 2319.00, and as we mentioned in our last report, the price needs to breach this level to confirm the continuation of the bullish trend towards our next main target at 2825.00.


In general, we will continue to suggest the bullish trend in the upcoming period supported by the EMA50, organized inside the bullish channel that appears on chart, reminding you that it is important to hold above 2046.23 and 1825.72 levels to continue the suggested bullish wave.

Expected trading range for today is between 2100.00 support and 2500.00 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