Bitcoin Trend / 04-10-2017

in bitcoin •  7 years ago  (edited)

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 Expected trading for today is between 4200.00  support and 4600.00 resistance.  

Bitcoin price tested 4400.00 level and fall down but kept its
stability above 4236.00 level..

So What Next..

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The trend for today is Bullish..
Why Move higher is more likely to happen than a breakdown !?

Because:

  • Stochastic moved up to the oversold areas and this support
    bullish trend..

  • RSI, on the other hand, is heading north so bitcoin price might
    follow suit..

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

  • Bitcoin price has plenty of factors on its side, one of which is persistent geopolitical risks..

Note:

  • Breaching 4400.00 level and holding above it, will open the way
    to test 4475.00..

  • Breaching 4475.00 level and holding above it, will open the way
    to test 4980.00 ..

  • Clear downside break and hold below 4236.00 level, might move the price to test 3776.00 level again before any new attempt to rise...

Expected trading
for today is between 4200.00 support and 4600.00 resistance.
Expected trend for today: Bullish.

Source


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Pleasant forecast))) Thank you for explaining in detail))) What do you think, what price can be by the end of the year?

For now we have to wait to see if the Bitcoin is going to split again in two in November 2017?
https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-28-09-2017-midday-update-bitcoin-segwit2x-b2x
Anyway on February of 2018 Bitcoin Might Hit $5500.00
https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-february-of-2018-bitcoin-might-hit-usd5500-00

When I have known about Bitcoin, course was 300$. But know above 4000 it is. Funny))

Bitcoin is the king and no matter what happens it will continue its bullish rend.

trend is good and upbeat

Bitcoin slightly down again. :(. But I am sure it will fight back

Most valuable information post with graph about Bitcoin.
Thank you for sharing sir...
Upvoted

thanks for your post

great post

image

Thanks for the info @lordoftruth ...Bless

@lordoftruth,
Oct 25 I heard another hardfork is scheduled :/ Sometimes it might be a good time to buy more BTC! Thanks for sharing this useful analysis with us!

Cheers~

Thanks for the information sir.

love it...follow me

Any ideas about Ethereum price?

Educating traders is huge, thanks for the valuable content. I look forward to seeing more charts on btc. Technical indicators are lucrative in entry and exit points.

thans for sharing @lordoftruth :]... helpful post..

I'm vote hehe @lordoftr

Thanks for the info, it's nice to get information so readily.

many more thank to share this post about BTC market trend @lordoftruth

the uptrend seems to be good

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A very wonderful investment made a good choice