Tuesday, May 30, 2017

Bitcoin Trend 31-05-2017



The 2319.00 resistance level forms strong obstacle against Bitcoin price attempts to rise, to continue fluctuating within sideways track waiting to breach this level and confirm extending the bullish wave on the short term and medium term basis, as our next target is located at 2840.00.


In general, we will continue to suggest the bullish trend in the upcoming period unless breaking 2046.23 followed by 1825.72 levels and holding below them, noting that stochastic continues to provide positive signals that support the suggested rise.

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