Bitcoin Trend / Midday Update

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 Expected trading for the rest of day is between 9700.00  support and 12000.00 resistance  

From the buy zone ( 9700.00 - 10150.00), the natural progress start to push the price toward 11150.00 ( 100 DMA ) followed by 12600.00 ( 50 DMA ) supported by :

  • EMA50 and stochastic positivity
  • 4-hours MACD
  • 4-hours RSI

Expected trading for the rest of day:
is between 9700.00 support and 12000.00 resistance.

Expected trend for today :
Bullish.

Medium Term:
Bullish.

Long Term:
Bullish.

The low of 2018:
5947.00 / H&S bottom.

The high of 2018:
25000.00 level.

Thanks For Reading..

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

What You Know About --> Fibonacci Retracement in Trending Market.   

Bitcoin Trend / Midday Update | Ecency