Bitcoin Trend 18-01-2017

in #bitcoin • 8 years ago

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Bitcoin price achieved strong gains  yesterday to approach from 924.50 level that represents our first main  target, showing some slight bearish bias affected by stochastic  negativity, while the EMA50 keep providing the positive support to the  price.   

Therefore, we are waiting to resume the  bullish bias in the upcoming sessions, and breaching 924.50 will lead  the price to visit the main bullish channel's resistance at 1050.00,  reminding you that it is important to hold above 779.00 to continue the  suggested positive scenario.  

Expected trading range for today is between 837.00 support and 970.00 resistance   

Expected trend for today: Bullish 


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8 years ago in #bitcoin by
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