Bitcoin Trend 20-01-2017

in bitcoin •  8 years ago 

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Bitcoin price settles inside the bullish  channel that carries the price from 755.00 areas, to keep the bullish  trend dominant on the intraday and short term trading, supported by  stochastic and the EMA50 positivity.  

Therefore, we believe that the way is  open to continue rising in the upcoming period, and the targets begin by  breaching 924.50 barrier to open the way to head towards 1050.00,  noting that breaking 851.00 level will weaken the suggested positive  scenario and push the price to decline again.   

Expected trading range for today is between 851.00 support and 970.00 resistance   

Expected trend for today: Bullish 


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thanks wow