Bitcoin Trend / 17-07-2017 / Midday Update

in bitcoin •  8 years ago  (edited)

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Expected trading for the rest of day is between 1690.65 support and 2105.60 resistance. 

Bitcoin shows positive trading today to test the resistance at 2105.60, where the price affected by stochastic positivity, while the negative effect of the triple top pattern remains active unless breaching 2263.70.

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Breaking 1850.00 level will confirm the continuation of bearish trend to next target at 1690.65, while breaching 2263.70 will lead bitcoin to attempt to return to bullish trend to next target at 2677.40.

Expected trading
for the rest of day is between 1690.65 support and 2105.60 resistance.
Expected trend for the rest of day: Bearish.

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This post got a 16.49 % upvote thanks to @lordoftruth - Hail Eris !