Expected trading for today is between 15500.00 support and 17700.00 resistance
Bitcoin price breached 15500.00 level
and build support base above it..
So What Next!
The price now around 16300.00 and the bullish wave, might move the price towards 17700.00 level, supported by EMA50 and stochastic positivity.
Breaching 17700.00 level and hold above it will push the price up towards 19700.00 level.
Analysts are attributing the recent climb to improved access to buying cryptocurrencies and bitcoin futures on the CBOE and CME have allowed access to more institutional and retail investors.
Note, Breaking 15500.00 level and hold below it will cancel the bullish wave, as this level represents key condition to continue the suggested rise, and might push the price to 38.2% Fib closer to 15000.00 level before any new attempt to raise.
Expected trading for today:
is between 15500.00 support and 17700.00 resistance.
Expected trend for today:
Bullish.
YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.
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