Bitcoin Trend 19-09-2016

in #bitcoin • 10 years ago

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Bitcoin price keeps fluctuating around the EMA50 keeping its stability above it, noticing that stochastic managed to get rid of its negativity and begins to provide positive overlapping signal on the daily time frame, which forms positive factor that we are waiting to push the price to resume the main bullish trend, organized inside the bullish channel that appears on chart.
Therefore, our bullish overview will remain valid and active for the upcoming period conditioned by the price stability above 538.00 level, reminding you that our main target is located at 708.00.

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Expected trading range for today is between 560.00 support and 700.00 resistance
Expected trend for today: Bullish

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#chart #analysis #hot #trend
10 years ago in #bitcoin by
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