Expected trading for today is between 13700.00 support and 16400.00 resistance
Bitcoin price surpass 14400.00 level and settles above it.
The trend is bullish but technical indicators are giving mixed
signals and reflect some bearish pressure.
100 SMA is still above 200 SMA so the climb is more likely to continue than to reverse.
Stochastic reflect that buyers are already feeling exhausted.
RSI has room to climb / bitcoin price hold its ground around 13700.00 and there are chances to climb towards 16400.00 level.
Breaching 16400.00 level and hold above it will push the price up towards 17600.00 level.
Breaking 13700.00 level and hold below it will cancel the bullish wave, and will push the price to suffer more losses.
Expected trading for today:
is between 13700.00 support and 16400.00 resistance.
Expected trend for today:
Bullish.
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