Expected trading for today is between 13500.00 support and 17000.00 resistance
On 22 Dec I wrote :
Breaking 13000.00 and hold below it will push the price towards 11600.00, followed by 10800.00 level.
And 10800.00 level was tested..
On 23 Dec I wrote :
The recovery was expected but the gains are likely to be limited to 14500.00, as breaching this level and hold above it will push the price towards 15500.00 level.
And the recovery was limited to 14500.00 area..
On 24 Dec I wrote :
Will be more slides toward 13500.00 level. If the price move up, will be limited to 17000.00 level.
And 12000.00 level was tested..
On 25 Dec I wrote :
The stability below 13000.00 will be open the way towards 10700.00 areas, while surpassing 14600.00 will save bitcoin price from the negative pressure.And now the price hold above 14600.00..
Bitcoin was reasonably quiet during the Christmas session,
as most people were not focusing on the crypto currency space..
The price now around 15000.00 and the bullish wave is valid, towards 15500.00 level.
Breaching 15500.00 level and hold above it will lead the price towards 17600.00 level.
Note, breaking 14500.00 and hold below it, will stop the bullish wave, and might push the price to reach 13100.00 level before any new attempt to rise.
Expected trading for today:
is between 13500.00 support and 17000.00 resistance.
Expected trend for today:
Bullish.
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