Bitcoin Trend Series / EP. 541 / The Next Move

Time: 7.03 A.M. / GM+2 / 24th Mar, 2018 – Sat.

Bitcoin price hold at 8.2K area as our forecast in our previous post / 540 / where we had forecast the trading range will be between 8.19K and 9.26K. The intraday high was 9.00K, and the low was 8.27K.

Our bull scenario toward 13.55K ( That will creates agreement resistance, and potential bearish "222 Sell" Pattern ) still valid.

Let us see the next expected move !

We expect upwards move from the turning point 8.27K to 9.60K-9.70K zone, followed by small correction to around 9.29K, before the rise to 10.80K.

Support 1: 8375.00 level.
Resistance1 : 9600.00 level.

Support 2: 8119.00 level.
Resistance2 : 10800.00 level.

Expected trading for today:
is between 8375.00 support and 9600.00 resistance.

Expected trend for today :
Slighty Bullish.

Medium Term:
Slighty Bearish.

Long Term:
Bullish.

The low of 2018:
5947.00 / IHS Bottom.

The high of 2018:
14000.00 level / Expected.
The new all time high is expected on 2019.

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

Writing a series means playing a long game,
investing considerable time and effort up front in
hopes of considerable returns down the road.
I'm so proud of my little blog, and so grateful to all of you
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If You are New in Trading  --> Read Trading Education Center / Volume I.    

What You Know About --> Fibonacci Retracement in Trending Market.