Bitcoin Trend / 26-10-2017

in #bitcoin • 9 years ago (edited)

 Expected trading for today is between 5550.00  support and 6000.00 resistance  


After The bearish correction Bitcoin price return to
bullish momentum and there are potential to retest 5935.00 level.

So What Next!

26.jpeg

  • Bitcoin price keeps rising after consolidating above 5422.00 level and formed solid support at 5422.00 / 23.6% Fibonacci correction.

  • EMA50 was released from the negative pressure and open the way to continue rising.

  • Stochastic & RSI is already indicating that bitcoin might be ready
    to pull up.

  • 100 SMA is above the longer-term 200 SMA and this support the
    bullish wave.

  • Breaching 5935.00 barrier and hold above it, will push the price
    again to 6200.00.

  • Breaking 5422.00 and hold below it, will stop the suggested rise.

Expected trading
for today is between 5550.00 support and 6000.00 resistance.
Expected trend for today: Bullish.

Source

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#blog #cryptocurrency #money #trending
9 years ago in #bitcoin by
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    • [-]
     9 years ago 

    Once again thank you for your technical analysis of the bitcoin price.

    [-]
     9 years ago 

    Great job you did @lordoftruth. Nicely analysed BTC trend today..

    [-]
     9 years ago 

    Thank you @lordoftruth you gave Bitcoin trend better update

    [-]
     9 years ago 

    Thanks for the update of btc article.

    [-]
     9 years ago 

    you are on point today with your predictions :D

    [-]
     9 years ago 

    @lordoftruh,

    Concise and precise - as usual.

    Interesting you chose those metrics.

    Namaste,

    JaiChai

    [-]
     9 years ago 

    @alchemage has voted on behalf of @minnowpond.
    If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

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      [-]
       9 years ago 

      Your analysis are quite accurate and I love them really.

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        [-]
         9 years ago 

        wow wonderful post, good work,
        like your post
        thanks for sharing, following
        up voted

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          [-]
           9 years ago 

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

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