Bitcoin Trend 05-06-2017

Bitcoin price resumes its positive trading after building support base above 2500.00 level, organized within the bullish channel that appears in the image, supported by the EMA50, reminding you that our next target at 2760.00.

Holding above 2319.00 represents an important condition for the continuation of the suggested rise, where breaking it will push the price to test 2046.23 level before any new attempt to rise.

Expected trading range for today is between 2450.00 support and 2760.00 resistance

Expected trend for today: Bullish

LEARN TO TRADE FOREX FOR FREE

with

 M Samer Al Reifae
Official W3Coins Representative in East Europe & Middle East
samer@w3coins.com
+40 734 277 757

- YOU WILL NEVER TRADE ALONE -

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