Bitcoin Trend 12-10-2016

in bitcoin •  8 years ago  (edited)

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Bitcoin price resumed its positive  trading yesterday to move away from the EMA50, reinforcing our  expectations of continuing the bullish trend on the intraday and short  term basis, waiting to test 656.00 level initially, which breaching it  represents the key to extend the bullish wave toward 735.00.   Therefore, we will keep our bullish  overview in the upcoming sessions unless breaking 560.00 followed by  538.00 levels and holding below them.   

Expected trading range for today is between 600.00 support and 700.00 resistance   

Expected trend for today: Bullish 


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