Bitcoin Trend / 18-12-2017

in #bitcoin7 years ago

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 Expected trading for today is between 18000.00  support and 20500.00 resistance  


Bitcoin price is completing some bearish correction after
testing 19750.00 and found support around 18000.00 level.

So What Next!

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  • The price now around 18700.00 and bitcoin resume its positive trades again supported by stochastic, towards 19100.00 level.

  • Breaching 1910.00 level and hold above it will lead the price to achieve new high around 20500.00 level.

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

  • Stochastic indicate that the buyers are in control.

  • RSI show that the buyers are trying to regain the upper hand.

  • Note, breaking 18000.00 and hold below it, will stop the bullish wave and will push the price to towards 17100.00 level.

Expected trading for today:
is between 18000.00 support and 20500.00 resistance.

Expected trend for today:
Bullish.

Source

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.
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I appreciate your skill. Hopefully some of the less known alts can take off a bit more.

Bitcoin booming today. Hope it touches 20k in this month

the rally seem to have cooled off after a bullish weekend but it might pick today as another future begins to trade today

very informative one..hope bitcoin will bloom soon in the future :)

Correctly, written the bitcoin strategy for traders.

The post is useful and amazing ,, I will wait for further news ..
Thanks for sharing..

Cryptocurrencies are the future and thank goodness that we are part of it..good post

You always comes with great effort ! Thanks for sharing !!

bitcoin is one of the biggest opportunities since the invention of the internet itself.... great times to be around....

Very good update Cryptocurrency with graph chart. Thanks for the post

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