Thursday, June 1, 2017

Bitcoin Trend 02-06-2017



Bitcoin price managed to confirm breaching 2319.00 level after closing the daily candlestick above it, which reinforces the expectations of more rise in the upcoming sessions, waiting to head towards the bullish channel's resistance at 2880.00.


Therefore, our bullish overview will remain active for today supported by the EMA50 and stochastic, reminding you that it is important to hold above 2319.00 as a first protection factor to the positive overview.

Expected trading range for today is between 2250.00 support and 2600.00 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