Expected trading for today is between 6840.00 support and 7400.00 resistance
and begins bearish correction.
The bearish correction will push the price to visit 6500.00 level / 23.6% Fibonacci Correction (from 3000.00 to 7590.00).
Stochastic signals the return in bearish pressure.
RSI is turning lower and ready to move south.
Oscillators are hinting at uptrend exhaustion so a correction might be needed before further north.
Investors still seem optimistic about the outcome of the network upgrade.
Breaching 7590.00 level and hold above it, will cancel the bearish correction.
Expected trading for today:
is between 6840.00 support and 7400.00 resistance.
Expected trend for today:
Bearish.
What You Know About --> Fibonacci Retracement in Trending Market.
If You Are New Steemain Read --> Get Started Fast with Steemit.
If You are New in Forex --> Read Forex Education Center / Volume I.
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Thanks for great support and upvote
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Thank you so much @lordoftruth for complete technical analyse about btc...
Upvoted...
Cheers~~~
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Thanks for the update of btc article.
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Thank you once again for your excellent post. It really helps me to know and understand the trend.
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waw, trending steady ya @lordoftruth .. it's nice if bitcoin keeps going up. good article 👍
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Great analyses and valid graphic summary. good information.
(((((( Resteem Service))))
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Thanks a million for this enlightenment
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Great news of bitcoin. Thanks for sharing.
Upvote Resttem
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Thanks for update bitcoin analysis chart with blog @lordoftruth
Resteemed.
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Great update for bitcoin info and good analyses .
thanks for sharing
100% like and resteem
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seems to be holding above 7k
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yes upto now its gone down 1%
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Breaking record again and again.
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