Bitcoin Trend 17-04-2017

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Bitcoin fluctuates around the key support level 1169.00, noticing that stochastic approaches from the oversold areas now, forming positive momentum that we are waiting to assist to push the price to rise again.
The bullish trend will remain expected for today unless breaking 1169.00 – 1155.00 levels and holding below them, as breaking the last level will push the price to return to the correctional bearish trend again, which its targets begin at 1089.18, while the next target of the expected bullish wave is located at 1298.00.
Expected trading range for today is between 1100.00 support and 1270.00 resistance
Expected trend for today: Bullish

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