Time: 9.40 A.M. / GM+2 / 26th July 2018 – Thurs.
In our previous post / 663 / we had forecast the trading range will be between 8.000K & 8.642K. The intraday low was 8.073K and the high was 8.435K.
Bitcoin price fluctuates above 8.000K barrier, trying to resume the
main bullish trend ( The trend is slighty bullish as long as the price above 7.650K ) supported by Stochastic Positivity.
But the price appears to be faced some bearish pressure ( As we expected in our previous post ) before the Major Resistance at 8.642K and might be forced to retreat from the climb, to test 7.650K before the moving ( In absence of another set of positive developments to sustain the climb ) towards 38.2% FIB level near 7.050K, supported by RSI Negativity.
Support 1: 8000.000 level.
Resistance1 : 8.642.00 level.
Support 2: 7650.000 level.
Resistance2 : 9000.000 level.
Expected trading for today:
is between 7.650.00 and 8280.00.
Expected trend for today :
The low of 2018:
The high of 2018 (BitcoinTrader's Year):
14469.00 / Expected.
The low of 2019: ???
The high of 2019 (Bitcoin Holder's Year):
36000.00 level / Expected.
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
for support to keep it going.