Expected trading for today is between 11200.00 support and 14200.00 resistance
Bitcoin price under negative pressure trying to break 13100.00 level,
and technical indicators, are signaling bearish pressure.
A Picture is Better Than One Thousand Words
Bitcoin price now is around 13300.00 and still under negative pressure supported by EMA50.
Breaking 13100.00 level and hold below it, will move the price probably towards 11100.00 level. If this happened, I believe the buyers will return and push the price from 10700.00 - 11000.00 level ( significant support ) to the upside.
100 SMA is below 200 SMA so the bearish wave is more likely to continue than to reverse.
RSI indicate selloff momentum.
Stochastic indicate selling pressure.
Note, Breaching 14400.00 level and hold above it, will cancel the bearish wave and will push the price to resume the main bullish trend again.
Expected trading for today:
is between 11200.00 support and 14200.00 resistance.
Expected trend for today:
Bearish.
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when will it reach one million USD
@lordoftruth. I am just hoping that your prediction is right because I am in a great loss due to this fluctuations
Your posts are really amazing, but there is plenty of bitcoin in your
@lordoftruth Such a great article & nice photography
##Upvote/Resteem###
great work ..helpful information thank you
Wish fulfil your expected trade today. Thanks for sharing
Wow....such a wonderful and useful btc technical analyse by @lordoftruth
Wel done and execellent wirk sir ..
Cheers~~
agree with you that images is better to understand than a bunch of words :)
Thank you for the education. I don't have any bitcoin but I want it to succeed.
Good news thank you for sharing information
Great analysis
Oh it's still fluctuating.
Good post, I like your bitcoin analysis and optimism...
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this could be the heavy downfall ever
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a worse day for trading feeling bored
lets hope for a bullish trend soon
slowly moving up thanks for the trend range and update