Bitcoin Trend / 09-10-2017/ Midday Update
Technical indicators suggest a continuation to next target at 4980.00..
So What Next..
Expected trading for the rest of day is between 4500.00 support and 4900.00 resistance.
- Bitcoin continues to be supported by bullish momentum
for the rest of day.. - EMA50 support the bullish trend..
- Stochastic and RSI support the suggested rally..
- 100 SMA is safely above 200 SMA, So is more likely to continue bulish trend than to reverse..
Note:
- Breaking 4355.00 level and holding below it, will push the price
to test 4236.00.. - Breaking 4236.00 level and holding below it, will stop the expected climb and will push the price again to test 3776.00..
Expected trading
for the rest day is between 4500.00 support and 4900.00 resistance..
Expected trend for the rest of day: Bullish..
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Nice post,
Check out my Bitcoin analysis for today
https://steemit.com/bitcoin/@ohamdache/bitcoin-price-configuring-resumes-height-analysis-09-10-2017
Bitcoin is the king
I am expecting this thing.
amigo #resteemia at your service
valuable analysis info & impressive work @lordoftruth
ReSteemia
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Great graphic chart. good news for btc.
100% like and resteem
Almost at the $ 5,000 mark based on this.
Hope it rises.
Good insight to price movement. Thanks.
@lordoftruth,
It seems like up trend continuous! Thanks for sharing this useful update friend!
Cheers~
that's great analysis.. the way things are moving Bitcion will hit 5k soon
Cheers!
Valuable information you sharing sir.. Very important post to bitcoin market users.