Thursday, April 20, 2017

Bitcoin Trend 21-04-2017

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Bitcoin price trades with clear positivity to approach from our main waited target 1298.00 gradually, to keep the price organized inside the bullish channel that appears on chart, which gets good support by the EMA50, noting that breaching the targeted level will push the price towards 1350.00 as a next main target.


Therefore, the bullish trend will remain suggested for the upcoming period unless breaking 1169.00 level and holding below it, as this break will push the price to test 1089.18 and might extend to 1024.67 before any new attempt to rise.

Expected trading range for today is between 1200.00 support and 1300.00 resistance
Expected trend for today: Bullish

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YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS 
TO BUY OR SELL BITCOIN, GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED. 
 Do your own due diligence. 
No one knows tomorrow's price or circumstance. 
 I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. 
I do not accept responsibility for being incorrect in my speculations on market trend.