Bitcoin Trend 30-03-2017 / Midday Update

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Bitcoin trading confined within bullish pennant flag pattern that appears in the image, which means that breaching the resistance at 1044.00 will provide positive motive that support the continuation of the main bullish trend, targeting 1089.18 then 1169.00 levels mainly.

Our positive expectations will remain valid in the upcoming period unless breaking 960.16 level and holding below it, pointing that stochastic moves near the oversold levels to support the positive expectations.
Expected trading range for today is between 960.16 support and 1140.00 resistance
Expected trend for today: Bullish

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Samer