Bitcoin Trend / 16-06-2017

in #bitcoin9 years ago

Thank You For Your Support and For Honoring Me With Your Up Vote...

 Expected trading for today is between 2263.70 support and 2677.40 resistance. 

As I wrote yestrday "Taking into consideration that breaking 2263.70 will push the price to suffer more losses that target 2105.60 and might extend to 1850.00 areas on the near term basis."

Screenshot - 6_16_2017 , 6_53_38 AM.png

The 2105.60 level was tested, but it returns to hold above 2263.70 to keep its stability inside the bullish channel that appears on chart, which keeps the bullish trend active until now, waiting to target 2677.40.

AjaxGetImage.jpeg

Positive overlapping signal on the daily time frame to support the continuation of the expected bullish trend, which will remain valid unless breaking 2263.70 level and holding with a daily close below it.

Expected trading for today is between 2263.70 support and 2677.40 resistance
Expected trend for today: Overall Bullish

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@lordoftruth

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