Expected trading for today is between 3000.00 support and 3500.00 resistance.
As most of investors in Chinese exchanges trying to sell everything when they can, the bearish correction was not over yet..
3405.00 was broken , and this opened the way to extend the correctional bearish towards 3033.00..
Breaching 3405.00 and hold above it, will push the price to start recovery attempts..
My point of view:
- A buying opportunity between 3000.00 - 3200.00 will be good for us because the selling pressure is not fundamentals.
- Based on past data, China will crack down on things only temporarily as in the past.
Expected trading
for today is between 3000.00 support and 3500.00 resistance.
Expected trend for today: Bearish
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I just bought a small amout of BTC.
I did the same just now
Note : breaking 3033.00 will push the price to suffer more losses to reach 2573.40.
But I hope that the bottom is here around 3000.00
Very good post @lordoftruth 👏
Bitcoin is future
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good post ... reasonable "Point of View" ! (Already following)
Read More, Reason More ... JTS
Its going down down down. I was amazed that ETH is so much down. Thanks. J
@lordoftruth Interesting Tale. Hope you obtain what you would like from this job. Have got a pleasant working day..
Hope is doesn't go below 3K mark.
http://www.blocksafefoundation.com/# Trig
"Expected trading for today is between 3000.00 support and 3500.00 resistance."
Again absolutely brilliant market analysis from you! Really appreciate your help my dear friend!@lordoftruth,
Cheers~
it dropped very badly today :(