Bitcoin Trend / 04 - 01 - 2018
Expected trading for today is between 14400.00 support and 16400.00 resistance
Bitcoin price faced strong resistance around 15400.00,
and might test the support at 14400.00 level!
A Picture is Better Than One Thousand Words
Bitcoin price now is around 14900.00 and technical indicators suggest that some gains are in the cards.
EMA50 provide positive support to the bullish wave.
Moving averages reflect more bulls to the mix and sustain the upside break.
RSI indicate some bearish pressure.
Stochastic confirm that buyers are in control.
Breaching 16400.00 level and hold above it will push the price up towards 17600.00 level.
Note, Breaking 14400.00 level, will push the price to suffer more losses, towards the start of fear zone at 12400.00 level.
Expected trading for today:
is between 14400.00 support and 16400.00 resistance.
Expected trend for today:
Bullish.
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Nice analysis. Your numbers look right. BTC has been consolidating for a bit, so I think it's ready for a move. Alts have been going crazy, so it's time for some of them to consolidate. Lets see how it all plays out.
Nice bro good information
Great and valuable information about Bitcoin trend.
As the price increasing of bitcoin and Cryptocurrency, we have to take quick action. Your post helps me a lot.
Thanks @lordoftruth for sharing this post.😊
Have a wonderful day!!
Bitcoin growth was so rapid. now it is moving between $14000 - $17000. Now every coin is comparing with bitcoin price. Good analysis indeed
Thank you @lordoftruth for give information more about bitcoin
It will touch 12000 soon this month
reasteam done please check my profile
how do you think or your prediction about bitcoin price in 2018 whether it will be increasing or going down.
I just want to survey some people's opinions
Helpful post..A debt of gratitude is in order for sharing it.Keep it up.
Upvoted and resteemed
Hey Lord, great to see you think that Bitcoin looks as bullish as I do.
I’m comparing Bitcoin with Litecoin today and from a technicals point of view, it’s Bitcoin I’d rather be in.
Have a good one!
Thanks for contiuned support to my work.
The pleasure is mine. Happy to support other traders putting in the effort.