Bitcoin Trend / 07-09-2017

 Expected trading for today is between 4320.00  support and 4979.00 resistance.  

2 days ago I wrote:
Bearish correction toward 3793.00 is expected..
Breaching 4236.00 will stop the expected decline..
As you see the correctional bearish was stopped and
bitcoin resume the bullish trend..

So What Next !

Bitcoin price draws positive formation by the inverted
head and shoulders pattern..
So breaching the neckline at 4640.00 will push the price toward 4979.00..
The range 5000.00-5500.00 may be tested soon..
Holding above 4236.00 represents key condition to
continue the expected rise..

Expected trading
for today is between 4320.00 support and 4979.00 resistance.
Expected trend for today: Bullish.

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Source

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