Thank You For Your Support and For Honoring Me With Your Up Vote...
Bitcoin confirmed breaking the support of the bullish channel that appears in the image after closing the daily candlestick below it, which puts the price under the bearish correctional bias on the short term basis, where the first target located at 1655.48, and extend to reach to 1509.74 after breaking the previous level.
Breaking 1600.00 level will complete forming double top pattern that has the ability to push the price to extend its bearish correction and reaches to 1391.67, therefore. We expect witnessing negative trading in the upcoming sessions, unless managing to rally to breach 1750.00 then 1785.00 levels and holding above it.
Expected trading range for today is between 1600.00 support and 1785.00 resistance
Expected trend for today: Bearish
For more info, feel free to visit "Bitcoin World"
Thanks For Reading,
Samer
Thanking bro for that info. Trading made easy
Bitcoin and steem for life
Thanks,
Followed,
The is the time to test the support around 1600..
Altcoins seem to be into the hockey stick phase of a mania:
https://coinmarketcap.com/charts/#dominance-percentage
About Altcoins "alternative coins"
Japanese Investors Might Be Fueling the Next Altcoin Bubble
Visit https://cointelegraph.com/news/japanese-investors-might-be-fueling-the-next-altcoin-bubble
Hi, nice article, I made a post yesterday which confirms some points of your analysis.
https://steemit.com/money/@dekanac/bitcoin-rally-analisys