Bitcoin Trend / 12-05-2017

Thank You For Your Support and For Honoring Me With Your Up Vote...

Bitcoin approached from our main waited target at 1900.00, and bounced bearishly to move inside the bearish channel now, targeting testing the key support 1785.00, noting that holding above this level will keep the bullish trend scenario valid for the upcoming period, as breaking this level will push the price to visit areas that reach to 1655.00 before any new attempt to rise.

The bullish trend scenario will remain valid for the upcoming period conditioned by holding above 1785.00, reminding you that breaching 1900.00 will push the price to visit the psychological barrier at 2000.00$.
Expected trading range for today is between 1785.00 support and 1950.00 resistance
Expected trend for today: Bullish

For more info, feel free to visit my Blog "Bitcoin World":
http://lordoftruth.blogspot.com
http://lordoftruth.blogspot.com/2017/05/bitcoin-trend-12-05-2017.html

Thanks For Reading,
Samer