Bitcoin Trend / 14-11-2017

in #bitcoin7 years ago (edited)

bitcoin-1.jpg
 Expected trading for today is between 6400.00  support and 7200.00 resistance  

Bitcoin breach 6500.00 level and hold above it,
to activate the bullish trend again!

So What Next!

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  • Breaching 6710.00 and hold above it will push the price to towards 7590.00.

  • 100 SMA is above 200 SMA so the rally is more likely to continue
    than to reverse.

  • RSI moving higher, indicating that bullish pressure could stay in play for a while.

  • Traders seem to have taken the chance to buy bitcoin at cheaper levels after the selloff, the reason why the bearish correction was stopped.

  • Note, Breaking 6500.00 and hold below it will push the price towards 5825.00 level.

Expected trading for today:
is between 6400.00 support and 7200.00 resistance.

Expected trend for today:
Bullish.

Note : Bitcoin may test 4800.00 - 5000.00 around Nov 17-18...

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Multumesc pentru update :)

You are welcome..
Thanks for support..

Thanks for sharing.
(((((( Resteem Service)))))))

Great update for bitcoin info and good analyses .
thanks for sharing
100% like and resteem

Great graphic chart of bitcoin trend. thanks update in information
Upvote Resteem

Why would you have this 5000 expectation for 17/11? Was that the expected Segwit2x date?

Investors will try to short Bitcoin to drive the price down
and shake out weak holders.

If the 6500.00 broken again this time could hold as resistance.
If so, bitcoin price could resume the bearish correction towards 5000.00 level.

Well i think soon I well show some good move

You always comes with beautiful analysis ! helps to learn something aabout this tend !

I strongly believe bitcoin will turn back

yes i agree with your support and resistance

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