Bitcoin Trend / 15-12-2017
Expected trading for today is between 16400.00 support and 17700.00 resistance
After the bearish correction bitcoin price has bounced.
The level 16380.00 was breached and the price resumed the bullish trend.
The price now around 17250.00 and technical indicators reflect bullish momentum that might lead the price towards 50% Fib extension at 17700.00 level.
100 SMA is still above 200 SMA so the climb is more likely to continue than to reverse.
Stochastic indicate that the buyers are in control.
RSI suggesting bullish pressure.
Moving averages / Gab / signal weak bullish momentum.
Bitcoin price enjoy strong support as CME is expected to bring more investors.
Note, If sellers return, a deeper pullback could be underway and breaking 16400.00 and hold below it, will stop the bullish wave and will push the price to again towards 15000.00 level.
Expected trading for today:
is between 16400.00 support and 17700.00 resistance.
Expected trend for today:
Bullish.
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the word of the week, BULLISH! ;-) wOw..
Bull run could take up the price to the 50% Fib extension at $17730.00 or the 61.8% Fib extension at $18330.00!
Have a great weekend
I will now! ;-) u too
Your chart shows there is no stopping this beast, thanks for bringing us your brief.
Yeah, there are some good level guidelines! Bitcoin is taf guy. I also write more in my analysis here is some more info.
@lordoftruth nice post lot of additional info! upvoted!
bitcoin again high, thanks for update information.
especially thanks for discuss about bitcoin..cause bitcoin is my earning site.
bitcoin is best coin in this time..
well done my friend✌✌👌
Thanks for the update of bitcoin article & great information.
High value of btc16,400 $
Thanks @lordoftruth
Have a great day
That's awesome! Great to hear that you're enjoying the platform. Best of luck!
Thanks for sharing @lordoftruth
@lordoftruth payed 3.467 SBD to @minnowbooster to buy a stealth upvote.
transaction-id e8367cde0a12057ea253c243909d57e2ec47647f
@stealthgoat
Bitcoin price is going to moon. Some traders Told 35000$ touch in this year
Great update for bitcoin info and good analyses .
thanks for sharing
100% like and resteem
thank's for your trading update....
always try to followed and upvote you.
.
@aResteemed