Expected trading for today is between 4000.00 support and 4500.00 resistance..
EMA50 protect the price from suffering more losses, supported
by stochastic positivity..RSI, on the other hand, is heading north so bitcoin price might
follow suit..The gap between the moving averages is narrowing to hint at a potential downward crossover and return in bearish pressure..
Geopolitical risk don’t seem enough to drive investors strongly
towards bitcoin..
Note:
Breaching 4350.00 level and holding above it, represents
positive factor for bullish trend and will push the price to 4980.00..
Breaking 4205.00 level and holding below it, will push the price to continue to 3776.00 before any new attempt to rise..
Expected trading
for today is between 4000.00 support and 4500.00 resistance.
Expected trend for today: Depends on ( 4205.00- 4350.00 ) levels.
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