Expected trading for today is between 10000.00 support and 10700.00 resistance
As expected bitcoin price succeed to achieve 10480.00 level
/ 100% Fib extension / and kept rising to surpass it towards 10740.00!
higher trading volumes and investor interest.
So What Next!
The price now around 10400.00 and the bullish strength is
enough to push the price up again toward 10.700.00 level.CME bitcoin futures can be launched before the end of the
year and this pushed the price to move up.EMA50 support the bullish wave.
100 SMA is above 200 SMA so the climb is more likely to
continue than to reverse.Stochastic indicate that buyers are eager to push bitcoin price up.
RSI moving higher so bitcoin price might follow suit.
Holding above 10000.00 represents key condition to continue
the expected rise towards 10700.00.Breaking 10000.00 and hold below it, will stop the bullish wave
and will push the price to start the bearish correction.If take-profit orders was located around 10740.00,
bitcoin price might be retreat to near 10000.00 level.
Expected trading for today:
is between 10000.00 support and 10700.00 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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