Tuesday, June 6, 2017

Bitcoin Trend 06-06-2017


Bitcoin price continued its bullish rally to succeed to achieve our first waited target at 2760.00 and breaches it to approach from our next target at 2990.00, reinforcing the continuation of the bullish trend scenario efficiently on the short and medium term basis, waiting for more of the upside moves in the upcoming period.


Note that holding above 2760.00 represents the first protection factor for the continuation of the positive expectations, where breaking it will push the price to test 2319.00 levels before any new attempt to rise.

Expected trading range for today is between 2600.00 support and 2990.00 resistance

Expected trend for today: Bullish


with
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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